2024 Irs 401 K Contribution Limits Over 50. 401 (k) contribution limits for 2024. Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from $22,500 for 2023.
Total contributions to a solo 401(k) cannot exceed $69,000 or $76,500 for those at least aged 50. For 2024, you can contribute up to $23,000 to a 401 (k) if you’re under 50 and up to $30,500 if you are 50 or older.
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