401k Contribution Limits 2024 Over 50 Over 60

401k Contribution Limits 2024 Over 50 Over 60. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. This amount is up modestly from 2023, when the individual.