401k Max 2024 Over 50 . Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.
For 2024, you can contribute up to $69,000, or $76,500 if you’re 50 or older. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).
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