401k Contribution Limits 2024 Over 50. 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. 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.
401 (k) contribution limits in 2023 and 2024. This is an extra $500 over 2023.