2024 401k Limits Contributions Over 50

2024 401k Limits Contributions Over 50. For 2024, individuals can contribute up to $23,000 to their 401 (k), 403 (b), most 457 plans, and the federal government’s thrift savings plan (tsp), an increase from last year’s limit of $22,500. The total of all employee and employer contributions per employer will increase from $69,000 in 2024 to $70,000 in 2025 for.

The total of all employee and employer contributions per employer will increase from $69,000 in 2024 to $70,000 in 2025 for. For 2024, individuals can contribute up to $23,000 to their 401 (k), 403 (b), most 457 plans, and the federal government’s thrift savings plan (tsp), an increase from last year’s limit of $22,500.