2024 Maximum 401k Contribution Amount In India. Those 50 and older can contribute an additional. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

The total amount that can be contributed to your 401 (k), also known as the 415 (c) limit, inclusive of both your own paycheck deferrals and any employer contributions, is. The maximum amount you can contribute to a 401(k), traditional or roth, in 2024 is $23,000, or $30,500 if you are 50 or older.