What Is The Maximum 401k Contribution 2024 Over 55

What Is The Maximum 401k Contribution 2024 Over 55.  — the annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. The overall 401(k) limits for employee and employer contributions.

That is $500 more than you were allowed to contribute in 2023.  — the 401(k) contribution limit is $23,000 in 2024.