401k 2024 Max Contribution Over 50

401k 2024 Max Contribution Over 50. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently.

The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 401(k) contribution limit for 2024 is $23,000.