Maximum 401k Contribution 2024 50+
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. 401 (k) contribution limits in 2023 and 2024.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The 401 (k) contribution limit for 2024 is $23,000.
