Total 401k Contribution Limit 2024 Over 50

Total 401k Contribution Limit 2024 Over 50. 401 contribution limits 2024 over 50 daron emelita, for 2024, the maximum you can contribute to a simple 401 (k) is $16,000. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


Total 401k Contribution Limit 2024 Over 50

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. Anyone age 50 or over is eligible for an additional.

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