2024 401k Contribution Limits Over 50. Overall, you won’t get the. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.
— starting in 2024, individuals under the age of 50 will be able to contribute up to $23,000 annually to their 401 (k) accounts, a significant increase from the previous limit. The contribution limit for 2023 is $6,500 and $7,500 for people 50 and older.