401k Limit 2024 Age 50

401k Limit 2024 Age 50. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.