2024 401 K Contribution Limit Over 50. With this in mind, participants who are aged 50 and older can contribute up to. This means that your total 401(k) contribution limit for 2024 is $30,500.
For 2024, the annual limit on employee contributions to a 401(k) is $23,000 for workers under age 50. You can contribute a maximum of $7,000 (up from $6,500 for 2023).
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