2024 Limits On 401k Contributions For Age 50 . The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. In 2024, the typical limits for are $23,000 for 401(k)s, and for $7,000 for iras.
The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. This amount is up modestly from 2023, when the individual 401(k) contribution limit.
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