Max 401k Contribution 2024 Over 55

Max 401k Contribution 2024 Over 55. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.

The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. That limit also applies to 457, 403 (b) and the federal government’s thrift.