Max 401k Contribution 2024 Age 55. Some retirement plans have lower. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
You can contribute to more than one. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023,.