401 Contribution Limits 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
The most you can contribute to a 401 (k) in 2024 is $23,000, or $30,500 if you’re 50 or older. Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from.