2024 Max 401k Contribution 50 Year Olds India. 401(k) contribution limits for 2024. This amount is up modestly from 2023, when the individual 401(k) contribution limit.

Although the official announcement hasn’t been made yet, many analysts predict that the 2024 401 (k) contribution limit will jump $500 to $23,000, from the $22,500 limit in 2023. That limit also applies to 457, 403(b) and the federal government’s thrift savings.