Irs 401k Limits 2024 Over 50. The 401 (k) contribution limit for 2024 is $23,000. For anyone 50 or older, you will be allowed to put away.


Irs 401k Limits 2024 Over 50

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

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