Annual 401k Contribution Limit 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional.

For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.