401 K Contribution Limits 2024 Over 50. If you are 50 or older, and you have maxed out your regular contribution, you are able to. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.


401 K Contribution Limits 2024 Over 50

For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. Be sure to take advantage.

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