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2024 401k Contribution Limits 2024 Over 50

2024 401k Contribution Limits 2024 Over 50. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500. In 2025, you can contribute up to $23,500 to your 401 (k) at work, or up to $31,000 if you’re 50 or older.


2024 401k Contribution Limits 2024 Over 50

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500. The contribution limits for individual retirement accounts (iras) also increases.

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