2024 Maximum 401k Contribution Limits Over 55. In 2024, employers and employees together can contribute up to $69,000, up from a limit of. Personal contribution limits for 401 (k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people under age 50.


2024 Maximum 401k Contribution Limits Over 55

Each year, the irs determines the maximum that you and your employer can contribute to your roth 401 (k). Here’s how the 401 (k) plan limits will change in 2024:

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