401k Max Contribution 2024 Over 50. This amount is up modestly from 2023, when the individual. What happens if you go over the limit?
โ the total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in. Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401 (k), an increase of $500 from this year.