2024 Max 401k Contribution 50 Year Olds College. The 401 (k) contribution limit is $23,000 in 2024. If you're age 50 or.
You can invest up to $23,000 in 401(k) plans in 2024, and anyone age 50 or older can put in an extra $7,500. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.