401k Limits 2024 50+. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Altogether, the most that can be contributed to your 401 (k) plan between both you and your employer is $69,000 in 2024, up from $66,000 in 2023.
If you are age 50 or over by. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal governmentโs thrift savings plan can contribute up to $23,000.