Max 401k Contribution 2024 Over 60. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.
401 (k) contribution limits for 2024. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.