Max 401k Contribution 2024 For 55 Year Old. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Those 50 and older will be able to add.
The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from.