401k Catch Up Contribution Limit 2024 Over 50

401k Catch Up Contribution Limit 2024 Over 50. 401k contribution limits 2024 catch up over 50 dacy rosana, this means that if you are 50 or older, you can potentially contribute a total of $30,500 to your 401(k) in 2024. 401k 2024 contribution limit chart over 50.

If you are 50 or older, you can defer paying income tax on $30,000 in your 401(k) plan. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.