Max 401k Contribution 2024 Over 50. Maxing out your 401 (k) is no easy task. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.
Employees 50 or older can contribute up to $30,500 with catch. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.