401k Contribution Limits 2024 Age 50. In general, it offers more investment options than a 401 (k), but contribution limits are much lower. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
Traditional ira contribution limits change each year, but the rules for 2024 are: Those limits also apply to folks with 403 (b)s, most 457 plans, and the government’s thrift savings plan (tsp).
401k Contribution Limits 2024 Age 50 Images References :