Max 401k Contribution 2024 For Over 50. In 2024, the 401 (k) contribution limit for participants is increasing to. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
In 2024, employees under age 50 can contribute a maximum of $23,000 to their 401(k) plan. This includes all your personal contributions and any money your employer contributes to your 401 (k) on your.