Maximum 401k Contribution 2024 50 2024. In 2024, employees and employers can contribute a combined maximum of $69,000 (or $76,500 if the employee is age 50 or older). What is the maximum 401(k) contribution for 2024 for over 50?
The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023โs limit. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).