2024 Max 401k Contribution 50 Year Olds And. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Contributions to 401 (k)s can be automatically deducted from your paycheck.
Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. Contributions to 401 (k)s can be automatically deducted from your paycheck.
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