2024 401k Limits Over 55 . For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 401(k) contribution limit is $23,000.
Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.
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