Maximum 401k Contribution 2024. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits. What is the maximum 401(k) contribution for 2024 for over 50?
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