2024 401k Contribution Limits 2024 Employer Match . Those 50 and older can contribute an additional. — employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
However, you and your employer may not. — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).
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