Maximum 401k Contribution 2024 Per Person. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. By comparison, the contribution limit for 2021 was $19,500.
The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. Participants who are 50+ can save an additional.
Maximum 401k Contribution 2024 Per Person Images References :