401k Max Contribution 2024 Over 55. This means that your total 401(k) contribution limit for 2024 is. In 2024, people under age 50 can contribute.
401 (k) contribution limits should continue their upward climb in 2024, according to a recent projection by mercer. Personal contribution limits for 401 (k) plans increased in 2024 to $23,000โup $500 from $22,500 in 2023โfor people.