Contribution Limits 401k 2024 After Tax

As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. Employees 50 or older can.

You can invest up to $23,000 in 401(k) plans in 2024, and anyone age 50 or older can put in an extra $7,500. These accounts are popular retirement.