401k Max 2024 Over 55 . The 401 (k) contribution limit is the maximum amount an individual can contribute. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The irs limits how much employees and employers can contribute to a 401 (k) each year.
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