2024 Maximum 401k Contribution Over Age 50. The 401 (k) contribution limit for 2024 is $23,000. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

Regular iras, which you can use in conjunction. Here’s how the 401 (k) plan limits will change in 2024: