2024 401k Max Contribution Fidelity. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. It permits those aged 60 through 63 to contribute $11,250 instead of $7,500 in 2025, according to the irs’s update.

Those 50 and older will be able to add. In 2025, you can contribute up to $23,500 to your 401 (k) at work, or up to $31,000 if you’re 50 or older.