Max 401k 2024 For Over 50
Max 401k 2024 For Over 50 . For tax year 2024 (filed by april 2025), the limit is $23,000. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. For tax year 2024 (filed by april 2025), the limit is $23,000.
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