2024 401k Combined Contribution Limit. For 2024, the contribution limit is set at $23,000. The 401(k) contribution limit for 2024 is $23,000, or $30,500 if you’re at least 50.
As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. In 2023, this rises to $22,500.