2024 401k Contribution Limit 50 Over 60

2024 401k Contribution Limit 50 Over 60. 401(k) contribution limits for 2024. Ages 60 to 63 will get a new, supersize limit for their 401(k).

In 2023, this rises to $22,500. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.