California 401k Maximum Contribution 2024. To determine how much money you can contribute, you’ll. Employees 50 or older can contribute up to $30,500 with catch.

Contribution limits are determined by the internal revenue service (irs) each year. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.