2024 401k Contribution Limits Over 55. 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. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


2024 401k Contribution Limits Over 55

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to. Irs 401k 2025 contribution limit the irs sets various limits for retirement plans, including 401(k)s.

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