Employee Contribution Limit 401k 2024 Over 50. The big draw of a solo 401(k) is the high contribution limit. Participants who are 50+ can save an additional.


Employee Contribution Limit 401k 2024 Over 50

For 2024, you can contribute up to $69,000, or $76,500 if you’re 50 or older. Increased by $500 from 2023 to 2024, allowing employees under 50 to contribute up to $23,000.

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