Max 401k Contribution 2024 Over 50 Catch Up

Max 401k Contribution 2024 Over 50 Catch Up. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. It is $3,500 for simple 401(k).

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). The income thresholds to be eligible for a roth ira are.