401k Limits For 2024 Over Age 50. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Next year, savers will have a chance to.
The 401(k) contribution limits for 2023 sit at $22,500 for retirement savers under 50 and $30,000 for those 50 and over. The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.