401k Limits For 2024 Over Age 50

401k Limits For 2024 Over Age 50. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. This is an extra $500 over 2023.


401k Limits For 2024 Over Age 50

In 2023, this rises to $22,500. With annual contribution limits as high as $23,000 for people under age 50 or $30,500 for those age 50 and up, you might even be able to become a millionaire by.

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