2024 401k Contribution Limits Chart

2024 401k Contribution Limits Chart. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. This amount is up modestly from 2023, when the individual 401.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).