Marta Shawnee

401k 2024 Contribution Limit Irs Over 50. If i have a 401(k), can i receive a saver’s. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

The irs also announced it was raising the ira annual contribution limit to $7,000 next year, from $6,500 this year. If you are 50 or older, your personal contribution limit is $30,500—the catchup contribution remains at $7,500, same as last year.