What Is The 401k Limit For 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Retirement savers are eligible to put $500 more in a 401 (k) plan in 2024:
In 2024, employees can contribute up to $23,000 to their plans. Retirement contribution limits are adjusted each year for inflation, and the limits for iras and 401 (k)s are different.