401k Contribution Limits 2024 Age 55. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The 401 (k) contribution limit for 2024 is $23,000.


401k Contribution Limits 2024 Age 55

For 2024, the contribution limit for an ira stands at $7,000 and $8,000 for people 50 and older. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

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