2024 401k Maximum Contribution Over 50. The 401 (k) contribution limits for 2023 sit at $22,500 for retirement savers under 50 and $30,000 for those 50 and over. The 401(k) contribution limit for 2024 is $23,000.
The total maximum that can be tucked away in your 401 (k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024,. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.