Max 401k 2024 For 55 Years Old Woman. Employees could contribute up to $22,500 to their 401(k) retirement savings plans for tax year 2023. 401 (k) contribution limits for 2024.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. Unfortunately, the 401 (k) is one of the most woefully light retirement instruments ever invented.