Max 401k Contribution 2024 Over 50 Benefits . This number only includes personal contributions โ employer matches. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
This amount is up modestly from 2023, when the individual 401 (k) contribution limit was. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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