2024 Max 401k Contribution Over 50. For 2023, the overall annual contribution limit (including both individual and employer contributions) was $66,000; That limit also applies to 457, 403(b) and the federal government’s.

Those 50 and older can contribute an additional. The maximum amount you can contribute to a 401(k), traditional or roth, in 2024 is $23,000, or $30,500 if you are 50 or older.