401k Max Contribution 2024 Over 50. The 401 (k) contribution limit is $23,000. For tax year 2023 (filed by april 2024), the contribution limit is $22,500.


401k Max Contribution 2024 Over 50

As a reminder, employees who are 50 and older are allowed to contribute. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.

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