Maximum 401k Contribution 2024 Over 60. The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $330,000 in 2023 to $345,000 in. Those 50 and older will be able to add.
401k 2024 contribution limit chart over 50. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.
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