401k Limit For 2024 Over 50. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs.

The 2024 contribution limit for 401 (k) plans is $23,000, or $30,500 for those 50 and older. That means a total of $30,500 can be contributed.