401k Contribution Limit 2024 Over 50. Those 50 and older can contribute an additional $7,500. This means that your total 401(k) contribution limit for 2024 is $30,500.


401k Contribution Limit 2024 Over 50

The annual contribution limit for a roth ira for those under 50 is $7,000 for 2024, with an additional $1,000 catch up contribution if you’re age 50 or older. That limit also applies to 457, 403(b) and the federal government’s thrift savings.

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