Irs 2024 401 K Contribution Limit. The 401 (k) contribution limit for 2024 is $23,000. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

The 2023 401 (k) contribution limit for employees was $22,500. The 401 (k) contribution limit for 2024 is $23,000.