Irs 401k Limit 2024 Over 50. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. In 2024, the 401 (k) contribution limit for participants is increasing to.
The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.