Over 50 401k Contribution Limits 2024

Over 50 401k Contribution Limits 2024. 2024 roth 401(k) contribution limits. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.

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. In this piece, we’ll review the 401(k) contribution limits for 2023 and 2024.