2024 Irs 401 K Contribution Limits Over 50. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The irs also announced it was raising the ira annual contribution limit to $7,000 next year, from $6,500 this year.
For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. You can contribute to more than one 401(k) plan.
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