2024 401k Limits For Married Couples Over 70. Now, if you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household. The amount that individuals can contribute to 401 (k) plans will increase to $23,500 in 2025, up from $23,000 in 2024.

The income limit for the saver’s credit will increase to $38,250 for individuals, $57,375 for heads of household and $76,500 for married couples in 2024. Retirement limits, tax brackets and more.