Maximum 401k Contribution 2024 Over 60

Maximum 401k Contribution 2024 Over 60. Personal contribution limits for 401 (k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people under age 50. If you're age 50 or.


Maximum 401k Contribution 2024 Over 60

For an individual, the 401(k) maximum contribution in 2024 is $23,000. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

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