2024 401k Contribution Limits Over 55

2024 401k Contribution Limits Over 55. Use our calculator to estimate your future balance. Employer matches don’t count toward this limit.


2024 401k Contribution Limits Over 55

This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).

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