2024 Max 401k Contribution 50 Year Olds India. The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount.

The age category for this is 50 and above at the end of the calendar. 401 (k), 403 (b), most 457 plans, thrift savings plan.