2024 Irs 401k Contribution Limits Over 50. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). This limit includes all elective employee salary deferrals and any contributions made to a designated roth.
In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. This amount is up modestly from 2023, when the individual 401.
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