2024 401k Contribution Limits 2024 Over 50

2024 401k Contribution Limits 2024 Over 50. The income thresholds to be eligible for a roth ira are also. If you are 50 years old or older, the maximum contribution limit went from $73,500 in 2023 to.


2024 401k Contribution Limits 2024 Over 50

For 2024, you can contribute up to $23,000 to a 401 (k) if you’re under 50 and up to $30,500 if you are 50 or older. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

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