Max 401k Contribution 2024 Over 60. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. These limits increase to $69,000 and $76,500,.
The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023. In 2024, people under age 50 can contribute.