2024 401k Contribution Limits Over 55. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. The contribution limit will increase from $22,500 in 2023 to $23,000.
Max 401k contribution 2024 over 55. The total amount that can be contributed to your 401 (k), also known as the 415 (c) limit, inclusive of both your own paycheck deferrals and any employer contributions, is $61,000 in 2022.
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