diff --git a/crates/ruff_linter/resources/mdtest/pylint/redefined-loop-name.md b/crates/ruff_linter/resources/mdtest/pylint/redefined-loop-name.md
new file mode 100644
index 0000000000000..6b360389cee55
--- /dev/null
+++ b/crates/ruff_linter/resources/mdtest/pylint/redefined-loop-name.md
@@ -0,0 +1,86 @@
+# `redefined-loop-name` (`PLW2901`)
+
+```toml
+[lint]
+select = ["PLW2901"]
+```
+
+## Augmented assignment
+
+Ignore in-place update of a mutable type.
+
+```py
+for i in []:
+    i += [1]
+
+for i in []:
+    i = [1]  # snapshot: redefined-loop-name
+
+for i in []:
+    i |= {"a": 1}
+
+for i in []:
+    i = {"b": 2}  # snapshot: redefined-loop-name
+
+for i in []:
+    i |= {1}
+
+for i in []:
+    i &= {1}
+
+for i in []:
+    i ^= {1}
+
+for i in []:
+    i -= {1}
+
+for i in []:
+    i = {1} # snapshot: redefined-loop-name
+
+for i in []:
+    i += (1,)  # snapshot: redefined-loop-name
+
+for i in []:
+    i += "a"  # snapshot: redefined-loop-name
+```
+
+```snapshot
+error[PLW2901]: `for` loop variable `i` overwritten by assignment target
+ --> src/mdtest_snippet.py:5:5
+  |
+5 |     i = [1]  # snapshot: redefined-loop-name
+  |     ^
+  |
+
+
+error[PLW2901]: `for` loop variable `i` overwritten by assignment target
+  --> src/mdtest_snippet.py:11:5
+   |
+11 |     i = {"b": 2}  # snapshot: redefined-loop-name
+   |     ^
+   |
+
+
+error[PLW2901]: `for` loop variable `i` overwritten by assignment target
+  --> src/mdtest_snippet.py:26:5
+   |
+26 |     i = {1} # snapshot: redefined-loop-name
+   |     ^
+   |
+
+
+error[PLW2901]: `for` loop variable `i` overwritten by assignment target
+  --> src/mdtest_snippet.py:29:5
+   |
+29 |     i += (1,)  # snapshot: redefined-loop-name
+   |     ^
+   |
+
+
+error[PLW2901]: `for` loop variable `i` overwritten by assignment target
+  --> src/mdtest_snippet.py:32:5
+   |
+32 |     i += "a"  # snapshot: redefined-loop-name
+   |     ^
+   |
+```
diff --git a/crates/ruff_linter/src/rules/pylint/rules/redefined_loop_name.rs b/crates/ruff_linter/src/rules/pylint/rules/redefined_loop_name.rs
index b77f07f2a22c2..316412b733804 100644
--- a/crates/ruff_linter/src/rules/pylint/rules/redefined_loop_name.rs
+++ b/crates/ruff_linter/src/rules/pylint/rules/redefined_loop_name.rs
@@ -7,6 +7,7 @@ use ruff_macros::{ViolationMetadata, derive_message_formats};
 use ruff_python_ast::comparable::ComparableExpr;
 use ruff_python_ast::statement_visitor::{StatementVisitor, walk_stmt};
 use ruff_python_semantic::SemanticModel;
+use ruff_python_semantic::analyze::typing::is_mutable_expr;
 use ruff_text_size::Ranged;
 
 use crate::Violation;
@@ -193,7 +194,23 @@ impl<'b> StatementVisitor<'b> for InnerForWithAssignTargetsVisitor<'_, 'b> {
                     ),
                 );
             }
-            Stmt::AugAssign(ast::StmtAugAssign { target, .. }) => {
+            Stmt::AugAssign(ast::StmtAugAssign {
+                target, value, op, ..
+            }) => {
+                // Check for in-place update of mutable type
+                if is_mutable_expr(value, self.context)
+                    && matches!(
+                        op,
+                        ast::Operator::Add
+                            | ast::Operator::Sub
+                            | ast::Operator::BitOr
+                            | ast::Operator::BitAnd
+                            | ast::Operator::BitXor
+                    )
+                {
+                    return;
+                }
+
                 self.assignment_targets.extend(
                     assignment_targets_from_expr(target, self.dummy_variable_rgx).map(|expr| {
                         ExprWithInnerBindingKind {