401k 2024 Catch Up Limits Over 60. The limit on employer and employee contributions is $69,000. If you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. 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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