2024 Maximum 401k Contribution Over Age 50
2024 Maximum 401k Contribution Over Age 50. Those 50 and older will be able to. 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 limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. In 2024, employees can contribute up to $23,000 to their plans.
…