2024 401k Contribution Limit Over 55. You can take advantage of the higher. Those 50 and older can contribute an additional $7,500.

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. This amount is up modestly from 2023, when the individual.