401k Contribution Limits 2024 Married Spouse. If you’re 50 or older, you can contribute up to $8,000. If you make more than that, the maximum contribution decreases as your magi goes up to the maximum of $161,000 for 2024.

In 2024, the income limit for the credit increased to $76,500 for married couples filing jointly, up from $73,000 in 2023. If you’re 50 or older, you can contribute up to $8,000.