401k Max Contribution 2024 Over 55. 2024 irs contribution limits 401k mavra sibella, the 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. Personal contribution limits for 401 (k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people under age 50.
401(k) contribution limits for 2024. In 2024, if you are younger than 50, you can deposit up to $23,000 in a 401(k) account.