401k Max Contribution 2024 For People Over 50

401k Max Contribution 2024 For People Over 50. Some retirement plans have lower limits, so check the details of your allowable. Employees 50 or older can contribute up to $30,500 with catch.

The 401(k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50. Employees 50 or older can contribute up to $30,500 with catch.