401k Limits For 2024 Over Age 55. So, those aged 50 or over can contribute a total of $30,500 to their 401 (k) during 2024. Total contributions to a solo 401(k) cannot exceed $69,000 or $76,500 for those at least aged 50.
Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. The median figure (which may be more accurate as it accounts for extreme.