401k Limits 2024 50 Year Old

401k Limits 2024 50 Year Old. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional $7,500.

In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. Employees 50 or older can contribute up to $30,500 with catch.