401k Max Contribution 2024 For People Over 50. But if you're age 50 or older, you can tack on an. Key points the 401 (k) contribution limit is $23,000 in 2024.

The irs sets a limit on how much can be put into a 401 (k) plan every year, also known as an annual contribution limit. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.