Gale Chandal

Max 401k 2024 For Over 50. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500.  — savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

 — the 401(k) maximum contribution limit for 2024 is $23,000.  — 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.