2024 Max 401k Contribution Limits Over 50. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.
Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. The 401 (k) contribution limit is $23,000 in 2024.