40k Contribution Limits 2024 Over 50

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40k Contribution Limits 2024 Over 50

40k Contribution Limits 2024 Over 50. You can contribute to more than one 401 (k). In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.


40k Contribution Limits 2024 Over 50

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The maximum amount you can contribute to a roth 401(k) for 2024 is $23,000 if you’re younger than age 50.

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