401k 2024 Contribution Limit Irs Over 50 . The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). The overall 401 (k) limits.
The overall 401 (k) limits. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
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2024 Maximum 401k Contribution Limits Over 50 Alla Dorothee , The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits.