2024 401k Contribution Maximum Over 50. That means a total of $30,500. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.
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. The most you can contribute to a 401 (k) in 2024 is $23,000, or $30,500 if you’re 50 or older.