2024 401k Contribution Limits Chart Over 50

2024 401k Contribution Limits Chart Over 50. The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to $71,000,. If you are 50 years old or older, you can also contribute up to $7,500 in.


2024 401k Contribution Limits Chart Over 50

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. Limit for individuals aged 50 and over is not subject.

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