401k 2024 Contribution Limit Irs Over 50. The 401 (k) contribution limit for 2024 is $23,000. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

More people will be able to make contributions to roth ira accounts, too. This amount is up modestly from 2023, when the individual 401 (k) contribution.