401k 2024 Tax Year Limit Over 50. The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


401k 2024 Tax Year Limit Over 50

Learn more about changes to 401 (k) and roth ira contribution. What is the 401 (k) contribution limit in 2024?

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