401k 2024 Limit Contribution Amount

401k 2024 Limit Contribution Amount. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.  — the 401(k) contribution limit for 2024 is $23,000, or $30,500 if you’re at least 50.


401k 2024 Limit Contribution Amount

 — the contribution limit for a sep ira for 2024 is 25% of your compensation or $69,000 — whichever is less. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.

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