Max 401k Contribution 2024 Over 50 Years Old. If you are 50 years old or older, you can also contribute up to $7,500 in. Ok, onto the 2024 new contribution limits for retirement accounts:
The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024. So, for those individuals, the total 401(k) contribution cap is $30,500.