2024 401k Contribution Limit Catch Up Over 50

2024 401k Contribution Limit Catch Up Over 50. The inflation rate has been moderating, but the 401(k) contribution limit’s bump from 2024 to 2025 was the same as it was from 2023 to 2024. That means a total of $30,500 can be contributed.


2024 401k Contribution Limit Catch Up Over 50

For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older. If you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up.

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