401k 2024 Limits Increase . (for 2024, those annual limits were $23,000 for a 401(k) and an additional $7,500 for those 50 and older.). This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase.
The 401 (k) contribution limit is $23,000 in 2024. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
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