Max 401k 2024 For 55 Years Old Man. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. It’s a great goal to max out your retirement accounts but you don’t need to stress about doing it at 24 years old if you can’t.
This amount is up modestly from 2023, when the individual. 401 (k), 403 (b) and 457 elective deferral limit:
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