401k Max 2024 Catch Up Over 50 . If you are age 50 or older by the end of the year, your individual limit is increased by $7,500 in 2023 and 2024; But originally the law stated that, starting in 2024, if you have a modified adjusted gross.
You can still take advantage of. Many employers offer 401 (k) retirement plans to their employees in which limits allow up to $22,500 for 2023 and $23,000 for 2024.
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2024 401k Catch Up Contribution Limits 2024 Over 55 Kass Sarene , For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
