401k 2024 Limits Over 50 . Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. 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) employee contribution limit for 2024 is $23,000. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in.
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