401k Contribution Limits 2024 Over 50 . In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50. Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs.
In 2025, the most you can contribute to a roth 401 (k) and contribute in pretax contributions to a traditional 401 (k) is $23,500. Those 60 to 63 can contribute an additional $11,250 in 2025.
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Total 401k Contribution Limit 2024 Over 55 Nell Darlleen , Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.
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401(k) Contribution Limits for 2024, 2023, and Prior Years , Employees will be able to sock away more money into their 401 (k)s next year.
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