Max 401k Contribution 2024 Over 55. 2024 retirement account contribution amounts. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000.
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. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal governmentโs thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.
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