2024 Limits On 401k Contributions For Age 50. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
The 401(k) compensation limit is $345,000. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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