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2024 Max 401k Contribution 50 Year Olds And. This amount is up modestly from 2023, when the individual 401 (k). In 2024, it means setting aside $23,000 in savings, or $30,500 if you're 50 or older.
If you’re age 50 or older, you’re. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.
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