Maximum 401k Contribution 2024 50+

Maximum 401k Contribution 2024 50+. Most of those 50 and older will be able to add another $7,500 — the. This amount is up modestly from 2024, when the individual 401(k).

The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to. The 2024 contribution limit for 401(k) plans is $23,000.