Max 401k Contribution 2024 For Over 50. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. If you are 50 or older, your personal contribution limit is $30,500—the catchup contribution remains at $1,000, same as last year.

This dollar amount is the same as in 2023. If i have a 401(k), can i.