2024 Maximum 401k Contribution Over Age 50

2024 Maximum 401k Contribution Over Age 50. The 401 (k) contribution limit in 2024 is $23,000. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.

The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k).