401k Contribution Limits 2024 Over 50 Years

401k Contribution Limits 2024 Over 50 Years. In 2024, if you are younger than 50, you can deposit up to $23,000 in a 401(k) account. This means that your total 401(k) contribution limit for 2024 is $30,500.

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. 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.