Maximum 401k Contributions 2024 Over 55. For 2024, employees may contribute up to $23,000. In 2019, the contribution limit stood at $19,000 and now, four years later, you can contribute an extra $4,000 to your 401 (k).
New updates to the 2023 and 2024 401k contribution limits. Retirement savers are eligible to put $500 more in a 401 (k) plan in 2024: