Max 401k Contribution 2024 For 55 Year Old

Max 401k Contribution 2024 For 55 Year Old.  — 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.  — 401 (k) contribution limits in 2023 and 2024.

 — this year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase.  — for 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.