401k Contribution Limits 2024 Age 55. The 401(k) contribution limit for 2024 is $23,000. The irs sets 401(k) contribution limits and typically increases them by $500 annually.


401k Contribution Limits 2024 Age 55

That cap is $11,250, instead of $7,500. The irs limits how much employees and employers can contribute to a 401 (k) each year.

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