401k Max Contribution 2024 Over 55

401k Max Contribution 2024 Over 55.  — the total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. Here's how to decide how much to save, according to financial advisors.

If you’re age 50 and older, you. The total contribution limit for both employee and employer contributions to 401 (k) defined contribution plans under section 415 (c) (1) (a) increased from $66,000 to $69,000 ($76,500 if.