2024 401k Contribution Limit Over 50. This amount is up modestly from 2023, when the individual 401 (k) contribution. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. In 2024, people under age 50 can contribute.