401k Max Contribution 2024 For People Over 50 . Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. The 2023 limit was $22,500.
You can take advantage of the higher. If you are 50 or older, your personal contribution limit is $30,500โthe catchup contribution remains at $1,000, same as last year.
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