2024 401k Max Over 50. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. Washington (ap) โ€” the irs on friday announced an increase to the amount individuals can contribute to their 401 (k) plans in.


2024 401k Max Over 50

For 2024, the maximum 401(k) contribution limit is $23,000 for individuals under the age of 50. 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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