Max 401k Contribution 2024 Over 60 . The maximum 401k contribution limit for 2024 increases to $23,000, up from $22,500 in 2023, up from $20,500 in 2022, and up from $19,500 in 2021. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
Those 50 and older will be able to add. In 2024, people under age 50 can contribute $23,000.
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401k Maximum Contribution 2024 Calculator Single Vere Phyllis , To max out your 401 (k) with a contribution limit of $23,000 in 2024, here's how much you'd need to save based on different paycheck periods: