What Is The Max 401k Contribution For 2024 Over 50. The irs has announced the 2025 contribution limits for 401 (k) and iras. Employees age 50 and older can contribute an additional $7,500 for a total of $31,000.
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. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older.
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