401k 2024 Tax Year Limit Over 50 . The 401(k) contribution limit for 2024 is $23,000. Let’s say you happened to turn 50.
Thanks to some recent adjustments by the internal revenue service, your 401 (k) will get a bit better in 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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