2024 401k Maximum Contribution Over 50

2024 401k Maximum Contribution Over 50. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. The standard 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).

This amount is an increase of. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.