Maximum Contribution To 401k 2024 Over 55 . Those 50 and older can contribute an additional $7,500. The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $345,000 in 2024.
In 2024, employers and employees together can. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
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