What Is The Max 401k Contribution For 2024 Over 60

What Is The Max 401k Contribution For 2024 Over 60. Workplace retirement plan contribution limits for 2024. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000.

Employees can contribute up to $23,500 to their 401(k) plan for 2025 vs. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.