2024 401k Limits Contribution Over 50

2024 401k Limits Contribution Over 50. Changes in inflation affect the limits,. But starting in 2025, workers aged 60 to 63 can boost.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional $7,500.