What Is 401k Contribution Limit For 2024 Over 50. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. 13, 2024, the 2025 ira contribution limit hasn't been announced yet by the irs.
The limit on employer and employee contributions is $69,000. Those 50 and older can contribute an additional.