Maximum 401k 2024 Over 50 . For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. This amount is up modestly from 2023, when the individual.
So if you’re under 50 and you contribute the maximum $23,000 to your 401(k) in 2024, your employer is able to contribute a maximum of $46,000 on your behalf. The limit on employer and employee contributions is $69,000.
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