401k Contribution Limits 2024 Over 50 Years . This means that your total 401(k) contribution limit for 2024 is $30,500. For 2023, an employee can contribute a maximum of $22,500 to their 401 (k), up from $20,500 in 2022 and $19,500 in 2021.
The overall 401 (k) limits for employee and employer. In 2024, people under age 50 can contribute $23,000.
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