What Is Max 401k Contribution 2024 Over 50. The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000. Matching contributions are the most.

This limit includes all elective employee salary deferrals and any contributions made to a. 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.