Max 401k Contribution 2024 Over 50 Catch Up . Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. Let’s say you happened to turn 50 on december 31, 2024.
The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000.
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