Max 401k Contribution 2024 Over 50 . The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Next year, the limit for savers under 50 is rising to $23,000.
Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.
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