401k Limit 2024 Over 50

401k Limit 2024 Over 50. That’s a $500 jump from the $23,000 limit in 2024. That's because the irs has a higher combined limit for employee and employer contributions.

Employees age 50 and older are subject to a higher contribution limit with either type of contribution. That’s because the irs has a higher combined limit for employee and employer contributions.