401k Contribution Limits 2024 Age 55

401k Contribution Limits 2024 Age 55. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. These limits increase to $69,000 and $76,500, respectively, in 2024.

Those 50 and older can contribute an additional. This brings the total contribution limit to $31,000 for employees 50 and up.