Compensation Limit For 401k 2024 Over 55

Compensation Limit For 401k 2024 Over 55. (in 2023, it's $66,000.) if you're 50 or older, you have an absolute limit of. In 2024, employers and employees together can.

You may need to work at a. The contribution limit for employees who participate in 401k, 403b, and most 457 plans, as well as the federal government’s thrift savings plan is increased to $23,000, up from.