Maximum 401k Contribution 2024 Over 60 . The new contribution limit for 401 (k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the internal revenue service said friday. That mark is up $500 from 2024โs cap.
The 401 (k) contribution limit is $23,000 in 2024. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.
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