2024 Maximum 401k Contribution Over Age 50
2024 Maximum 401k Contribution Over Age 50. The 401(k) contribution limit for 2024 is $23,000. So, for those individuals, the total 401(k) contribution cap.
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. In 2024, employees can contribute up to $23,000 to their plans.