2024 401k Contribution Limits Over 55

2024 401k Contribution Limits Over 55. Those 50 and older can contribute an additional $7,500. Retirement savers are eligible to put $500 more in a 401(k) plan in 2024:


2024 401k Contribution Limits Over 55

In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.

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