401k 2024 Maximum Contribution. What is the maximum 401(k) contribution for 2024 for over 50? The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties.
In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
401k 2024 Maximum Contribution Images References :