2024 401k Max Over 50. This amount is up modestly from 2023, when the individual. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
So, for those individuals, the total 401(k) contribution cap. The annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.
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