Max 401k Contribution 2024 For 55 Year Old . This amount is up modestly from 2023, when the individual. The contribution limit will increase from $22,500 in 2023 to $23,000.
If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
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