What Is The 401k Limit For 2024 Over 50. This means that your total 401(k) contribution limit for 2024 is $30,500. The 2024 catch‑up contribution limit for individuals aged 50 and over will stay at $1,000, the same rate from 2023.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. If you’re age 50 and older, you.
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