What Is The 401k Compensation Limit For 2024. Those 50 or older can contribute up to $30,000. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;
In 2023, the limits were $66,000, or $73,500 for people 50 and older. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;