2024 401k Contribution Limits Over 50. Employees can contribute a maximum of $15,500 in. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

For 2022, you could contribute up to $6,000, or up to $7,000 if. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.