401k Max Contribution 2024 Calculator Over 50. Use our calculator to estimate your future balance. This is in addition to the standard employee contribution limit, meaning that if you are 50 or older, you could contribute up to $30,000 in total to your 401(k) in 2023 and $30,500 in.

In 2024, people under age 50 can contribute $23,000. As the table above illustrates, the 2024 irs limit for employee 401(k) contributions jumped.