401k Contribution Limits 2024 Over 60. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). If you're trying to catch up on retirement savings, the high contribution limits make it possible.
401k contribution limits for 2024 for those over 50 pd,. The amount individuals can contribute to their 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023, the irs announced.