Maximum 401k Contribution 2024 Over 55 Years. The irs sets a limit on how much can be put into a 401(k) plan every year, also known as an annual contribution limit. This amount is an increase of.

For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. Those 50 and older will be able to.