Max 401k Contribution 2024 Over 50 Years Old. 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. The overall 401 (k) limits for employee and employer.
In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
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