401k Limits For 2024 Over Age 55
401k Limits For 2024 Over Age 55. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
In 2024, employees can contribute up to $23,000 in their traditional and roth 401 (k). For 2024, this contribution limit is set at $23,000.