Max 401k Contribution 2024 Over 50 Years Old . In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
The overall 401 (k) limits for employee and employer. If you are 50 or older, your personal contribution limit is $30,500โthe catchup contribution remains at $1,000, same as last year.
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