401k Contribution Limits 2024 Employer Over 50 . The 2024 contribution limits allow you to save an extra $7,500 in your 401(k) if you're 50 or older. Individuals aged 50 and older are allowed to put more money into a 401 (k) every year to help them make up for earlier years when they couldn't spare as much.
Contributions to 401 (k)s are automatically deducted from. The 2024 contribution limits allow you to save an extra $7,500 in your 401(k) if you’re 50 or older.
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