Jolyn Madonna

2024 Max 401k Contribution Limits Over 50. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. The contribution limits for individual.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. The irs limits how much employees and employers can contribute to a 401 (k) each year.