Max 401k Contribution 2024 Over 50 Catch Up

Max 401k Contribution 2024 Over 50 Catch Up. This amount is up modestly from 2023, when the individual 401. As a reminder, employees who are 50 and older are allowed to contribute.

In total, qualifying adults can save up to $30,500 per year. Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute.