2024 401k Contribution Limit 50+. The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. Employees 50 or older can contribute up to $26,000.
Employees 50 or older can contribute up to $30,500 with catch. โ 401(k) contribution limits in 2023 and 2024.