2024 Max 401k Contribution

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2024 Max 401k Contribution. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). You're only allowed to set aside up to $7,000 in 2024 or $8,000 if you're 50 or older.


2024 Max 401k Contribution

The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. In 2024, if you are younger than 50, you can deposit up to $23,000 in a 401(k) account.

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