2024 401k Contribution Limits 2024 Over 55. The 401(k) contribution limit is $23,000 in 2024. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.
For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Here’s how the 401(k) plan limits will change in 2024: