2024 401k Max Over 50

2024 401k Max Over 50. Generally, your human resources or benefits department is a good place to start. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).


2024 401k Max Over 50

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024. This means that your total 401(k) contribution limit for 2024 is $30,500.

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