Max 401k Contribution 2024 Over 50. The 401 (k) contribution limit is $23,000. For 2023, irs set the 401 (k) contribution limit to $22,500, reflecting an increase of $1,000 from 2022.
These limits increase to $69,000 and $76,500, respectively, in 2024. Altogether, the most that can be contributed to your 401 (k) plan between both you and your employer is $69,000 in 2024, up from $66,000 in 2023.
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