2024 Irs 401 K Contribution Limits Over 50. 401 (k) contribution limits for 2024. The limit on employer and employee contributions is $69,000.
Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).