401k Limit 2024 Over 50 . You can contribute to more than one 401(k) plan. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.
Employees 50 and older can contribute an additional $7,500 in both 2023 and 2024. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
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