Max 401k Contribution 2024 Over 50 Benefits. — the total maximum allowable contribution within the defined contribution plan will also be anticipated to rise almost $2000, making a total of $71,000 and in 2025,. — 401 (k) contribution limits for 2024.
The new $23,000 limit will also apply to several other. 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.