2024 401k Contributions Max Over 50


2024 401k Contributions Max Over 50. Learn more about changes to. The 401 (k) contribution limit is $23,000 in 2024.


2024 401k Contributions Max Over 50

Employers must calculate their contributions based on compensation of $345,000 or less and are subject to a limit of $69,000 ($76,500 if you are 50 or older). Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.

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