2024 Maximum 401k Contribution Limits Over 50. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.  โ€” the 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.


2024 Maximum 401k Contribution Limits Over 50

This amount is up modestly from 2023, when the individual 401 (k) contribution limit.  โ€” for 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

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