401k Max Contribution 2024 Over 55. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. 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.
Employer matches don’t count toward this limit and can be. The contribution limits for individual.