2024 Max 401k Contribution Over 55. That means you can contribute $7,000 or $8,000 if you're 50 in 2025. You can contribute to more than one 401(k) plan.

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. In 2023, this rises to $22,500.