What Is The 401k Limit For 2024 Over 50

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What Is The 401k Limit For 2024 Over 50. Most employers allow employees age 50 and over to make additional contributions. What is the 401 (k) contribution limit for 2024?


What Is The 401k Limit For 2024 Over 50

In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this.

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