2024 401k Contribution Limit Over 55 . This limit includes all elective employee salary deferrals and any contributions made to a designated roth. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500.
The contribution limit for 2023 is $6,500 and $7,500 for people 50. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).
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