2024 401k Contribution Limit Catch Up Table. This amount is up modestly from 2023, when the individual 401 (k) contribution limit was. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently. Those 50 and older can contribute an additional $7,500.
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