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2024 Max 401k Contribution Over 55

2024 Max 401k Contribution Over 55. This amount is up modestly from 2024, when the individual 401 (k) contribution limit was $23,000, or $30,500 for employees who were 50 or older. Savers will be able to contribute as much as $23,500 to a 401 (k) in 2025, up from $23,000 in 2024.


2024 Max 401k Contribution Over 55

This means that your total 401(k) contribution limit for 2024 is $30,500. Irs releases qualified retirement plan limitations for 2025:

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