2024 Max 401k Contribution 50 Year Olds India. Let’s say you happened to turn 50. — the total maximum allowable contribution within the defined contribution plan will also be anticipated to rise almost $2000, making a total of $71,000 and in 2025,.
— what is the maximum 401(k) contribution for 2024 for over 50? 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.