2024 40k Limit Over 50 . The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to. Someone aged 50 can add $188k to a cash balance plan, on top of their 401k.
The 401(k) contribution limit is $23,000 in 2024. It will be the same $3,500 in 2025 for ages 50.
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