2024 Max 401k Contribution 50 Year Olds Age Limit. The 401(k) employee contribution limit for 2024 is $23,000. If you are 50 years old or older, you can also contribute up to $7,500 in.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).