401k Max 2024 Contribution Over 50 . 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. If you are 50 years old or older, you can also contribute up to $7,500 in.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. That limit also applies to 457, 403 (b) and the federal.
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