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401k Contribution Limits 2024 50 And Older. Employees and employers can contribute a combined. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000.

2024 max 401k contribution limits catch up limit those 50 and older can contribute an. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.