2024 Maximum 401k Contribution Over Age 50

2024 Maximum 401k Contribution Over Age 50. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). This amount is an increase of.


2024 Maximum 401k Contribution Over Age 50

For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. 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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