401k Contribution Limits 2024 Over 50. This means that your total 401(k) contribution limit for 2024 is $30,500. This dollar amount is the same as in 2023.

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. This amount is up modestly from 2023, when the individual 401(k) contribution limit was.