2024 Irs 401k Contribution Limits Over 50 . As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. For 2024, the contribution limits for 401(k) plans have been increased.
The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. These limits increase to $69,000 and $76,500, respectively, in 2024.
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