2024 401k Limits For Married Couples Over 50

2024 401k Limits For Married Couples Over 50. For the year 2024, the contribution limit for 401(k) plans is $23,000 for individuals under age 50 and $30,500 for those 50 and older. If you or your spouse do not.

In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000.