Max 401k Contribution 2024 Calculator Over 50 . For 2024, the limit is $23,000 for those under 50, and $30,500 for those over 50. Estimate your balance at retirement with this free 401 (k) calculator.
Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. If you max out your annual contributions, a 401 (k) with an initial balance of $10,000 could grow to just over $1 million.
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