What Is The 401k Catch Up Limit For 2024 Over 55

What Is The 401k Catch Up Limit For 2024 Over 55. The contribution limit for simple 401(k)s is $16,000 (up to $19,500 if. In 2022, for people under 50 years old, this limit is.


What Is The 401k Catch Up Limit For 2024 Over 55

Employees age 50 or older may contribute up to an additional $7,500. The 401(k) compensation limit is $345,000.

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