Max 401k 2024 Over 50

Max 401k 2024 Over 50. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.