2024 Max 401k Contribution Catch Up Over 50 . In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50. Individuals aged 50 and older are allowed to put more money into a 401(k) every year to help them make up for earlier years when they couldn't spare as much.
In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. For individuals under 50, the standard 401(k) contribution limit in 2024 23,000.
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401k Contribution Limits For 2023 , In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year.
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