2024 401k Maximum Contribution Over 50. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. You can contribute to more than one 401 (k) plan.
2024 401k contribution limit over 50 eula tammie, if you’re age 50 or older, you’re. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).