2024 Max 401k Contribution 50 Year Olds Over 65. For those who are age 50 or over at any time. You can contribute up to $7,000 to an ira in 2024 if you're under 50, or $8,000 if you're 50 or older.

In 2024, employees can contribute up to $23,000 in their traditional and roth 401 (k). In 2024, employees under the age of 50 can contribute up to $23,000, and $30,500 if you’re age 50 or older.