Total 401k Contribution Limit 2024 Over 50
Total 401k Contribution Limit 2024 Over 50. For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.
This number only includes personal contributions —. This means that your total 401(k) contribution limit for 2024 is $30,500.