Maximum 401 K Contribution Limit 2024 Over 55 . The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024. Those 50 and older can contribute an additional.
Most people don’t max out their 401(k). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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