Max 401k Contribution 2024 Over 50 . The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older.
Maximum total contribution for employees 50 and older. Catch up contributions for individuals aged 50 and over.
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Employee 401k Contribution Limits 2024 Mamie Rozanna , In 2025, the limits will rise to $70,000, $81,250 for those aged 60 to 63, and $77,500 for all others over 50.