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401k 2024 Tax Year Limit Over 50. This amount is up modestly from 2023, when the individual. 401 (k) contribution limits in 2023 and 2024.


401k 2024 Tax Year Limit Over 50

For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. In 2023, this rises to $22,500.

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