2024 Max 401k Contribution Amount

2024 Max 401k Contribution Amount. Most of those 50 and older will be able to add another $7,500 — the. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.

Finally, we’ll review traditional and. In 2024, the irs raised the limit for annual ira contributions to $23,000 for people under 50 and $30,500 for those 50 and older, a.