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Maximum 401k Contribution 2024 Over 60. The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.
The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
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