Total 401k Contribution Limit 2024. If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000. That means a new 401 (k) contribution limit of.
For 2024, the contribution limits for 401 (k) plans have been increased. Retirement savings benefits, max contributions individuals can contribute up to $23,000 total into their traditional or roth 401 (k) plans in 2024, no.