401k Limit 2024 50 Million. This amount is an increase of $500. So, older workers can put a maximum of $30,500 into a 401(k),.

For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs. For 2023, the overall annual contribution limit (including both individual and employer contributions) was $66,000;