Max 401 K Contribution 2024 Over 50. 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.
The 401(k) contribution limits for 2023 sit at $22,500 for retirement savers under 50 and $30,000 for those 50 and over. Employer matches don’t count toward this limit and can be quite generous.