2024 401k Contribution Limit Catch Up Over 60. Those 50 and older will be able to add. If you are 50 or older, you can defer paying income tax on $30,000 in your 401 (k) plan.
Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. If you are 50 or older, you can defer paying income tax on $30,000 in your 401 (k) plan.
2024 401k Contribution Limit Catch Up Over 60 Images References :