2024 Max 401k Contribution 50 Year Olds Over 60

2024 Max 401k Contribution 50 Year Olds Over 60. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024. Retirement savers are eligible to put $500 more in a 401(k) plan in 2024:

However, you can typically roll over your existing 401(k) to. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.