2024 401k Limits Chart Over 50

2024 401k Limits Chart Over 50. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. 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 increase.

In 2024, employers and employees together can. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024.