401k Limit 2024 50 Year Old. For example, if you pay $3,000 toward your student loan for the year and your employer has a 401(k) match of 50%, they could kick in $1,500 (or 50% of $3,000) to your 401(k). For 2024, the maximum amount employees under 50 years old can put in a 401 (k) or similar account is $23,000.

Many employers match a percentage of your contributions, providing extra retirement. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in.