2024 401k Contributions Over 50 Limits. Total contributions—by both employee and employer—to a 401(k) may not exceed $69,000 (or $76,500 for investors age 50 or older) in tax year 2024 (up from. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Learn more about changes to.