401k Contributions 2024 Max Over 50 . Employees 50 or older can contribute up to $30,500 with. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.
If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. The limit on total employer and employee contributions for 2024 is $69,000 ($76,500.
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