401k Plan Limit 2024 Age 50 Or More. The 2024 limit on 401(k) contributions is $23,000, or $30,500 for people 50 and older. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.
โ savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. The contribution limits for individual.