Over 50 401k Contribution Limits 2024. 401 (k) contribution limits in 2023 and 2024. Contributions to 401 (k)s can be automatically deducted from your.


Over 50 401k Contribution Limits 2024

The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. For 2024, the limit on employee and employer contributions is $69,000 or 100% of employee compensation, whichever is lower (up from $66,000 for 2023).

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