Irs Maximum 401k Contribution 2024 Over 50

Irs Maximum 401k Contribution 2024 Over 50. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal.

Employees 50 or older can contribute up to $30,500 with catch. The maximum amount you can contribute to a roth 401 (k) for 2024 is $23,000 if you’re younger than age 50.