2024 401k Limit Over 50. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. This amount is up modestly from 2023, when the individual.
A key difference between an ira and a 401(k) account is this: This means that your total 401(k) contribution limit for 2024 is.