401 Contribution Limits 2024. The 401 (k) contribution limit for 2024 is $23,000. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
In 2024, 401(k)s max out at $23,000 for savers under 50 and $30,500 for those 50 and over. Although the official announcement hasn’t been made yet, many analysts predict that the 2024 401 (k) contribution limit will jump $500 to $23,000, from the.