401k Max Contribution 2024 Calculator Over 50 . The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Your annual 401 (k) contribution is subject to maximum limits established by the irs.
Those 50 and older will be able to. If you’re looking to max out your retirement savings, you’ll be happy to hear that the contribution limits have been bumped up by $500 for most retirement savings.
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