2024 401k Contribution Limits Over 50. The 401 (k) contribution boost for. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

This amount is up modestly from 2023, when the individual 401 (k) contribution limit. The ira catch‑up contribution limit for individuals aged 50.

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