What Is Max 401k Contribution 2024 Over 50. This amount is up modestly from 2023, when the individual. That means a total of $30,500 can be contributed as an employee of a.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. So if you’re under 50 and you contribute the maximum $23,000 to your 401(k) in 2024, your employer is able to contribute a maximum of $46,000 on your behalf.