Maximum 401k Contribution 2024 Calculator Over 50. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Free 401k calculator to plan and estimate a 401k balance and payout amount in retirement or help with early withdrawals or maximizing employer match.

The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. The overall 401 (k) limits for employee and employer.