401k 2024 Contribution Limit Over 50 . The dollar limitation for catch. For the year 2024, the contribution limit for 401(k) plans is $23,000 for individuals under age 50 and $30,500 for those 50 and older.
The 401 (k) compensation limit is $345,000. This limit includes all elective employee salary deferrals and any contributions made to a designated roth.
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401(k) Contribution Limits in 2024 Guideline , But if you are age 50 or older, you can take.