Max 401k Contribution 2024 Over 50 Catch Up. Those 50 and older can contribute an additional $7,500. Key points the 401 (k) contribution limit is $23,000 in 2024.
For 2023, irs set the 401 (k) contribution limit to $22,500, reflecting an increase of $1,000 from 2022. This amount is up modestly from 2023, when the individual 401 (k) contribution limit was.