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

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. More people will be able to make contributions to roth.