Maximum 401k Contribution 2024 Over 55 Years

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Maximum 401k Contribution 2024 Over 55 Years. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. If you contribute, say, $23,000 toward your 401 (k) in 2024 and your employer adds $5,000, you’re still within the irs limits.


Maximum 401k Contribution 2024 Over 55 Years

However, there is a limit that. The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.

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