401k Max 2024 Over 55
401k Max 2024 Over 55. According to a review of fidelity 401k accounts, the number of participants with over $1 million in assets within the account has increased by 15% in the first quarter of. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. However, easing inflation now means lower forecasts for 401 (k).