401k Contribution Limits 2024

401k Contribution Limits 2024. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. You can contribute to more than one 401 (k) plan.