2024 Employee 401k Contribution Limits Over 55

2024 Employee 401k Contribution Limits Over 55. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. The 401 (k) contribution limit for 2024 is $23,000.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. Employee 401(k) contribution limits for 2024 as of 2023, individual employees have a 401(k) contribution limit of $22,500, allowing them to contribute this.