What Is The 401k Limit For 2024 Over 50. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. 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. The limit on employer and employee contributions is.