2024 401k Contribution Limit Over 50 . What happens if you go over the limit? The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. This amount is up modestly from 2023, when the individual 401 (k) contribution limit was.
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401k Contribution Limits for 2024 for Those Over 50 PD , For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.