2024 Max 401k Contribution Over 50. Most of those 50 and older will be able to add another $7,500 — the. The 401(k) contribution limits for 2023 sit at $22,500 for retirement savers under 50 and $30,000 for those 50 and over.

In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50. Most of those 50 and older will be able to add another $7,500 — the.