What Is The Limit For 401k Contributions In 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 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.
For 2024, you can contribute up to $69,000 to your solo 401 (k), or $76,500 if you’re 50 or older. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000.