What Is Max 401k Contribution 2024 Over 50 . This dollar amount is the same as in 2023. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
In 2023, 401 (k)s max out at $22,500 for savers under 50 and $30,000 for those 50 and over. Employees 50 or older can contribute up to $30,500 with catch.
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