2024 401k Limit Over 50. You can contribute a maximum of $7,000 (up from $6,500 for 2023). Below are the 2024 irs limits and additional information to keep you informed.
Employees can now defer up to $23,000 into 401 (k) plans for 2024, with an extra $7,500 for workers age 50 and older. Those 50 and older can contribute an additional $7,500.