Max 401k Contribution 2024 Over 50 Catch Up

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.


Max 401k Contribution 2024 Over 50 Catch Up

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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