401k 2024 Limits Over 50

401k 2024 Limits Over 50

401k 2024 Limits Over 50. In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023. There's also a $7,500 catch.


401k 2024 Limits Over 50

That means you can contribute $7,000. In 2024, the simple ira limit is $16,000 for employee deferrals, with another $3,500 allowed for individuals age 50 or older.

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