401k Contributions 2024 Max Amount . The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans.
2024 retirement account contribution amounts. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).
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