Gerta Juliana

401k Limit 2024 Over 55. Contributions to 401 (k)s can be automatically deducted from your. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.

In 2023, this rises to $22,500. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.