Max 401k Contribution 2024 Over 50 Years Old

Max 401k Contribution 2024 Over 50 Years Old. Employers can contribute to employee. Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023.

The 401 (k) contribution limit is $23,000. Here’s how the 401 (k) plan limits will change in 2024: