2024 401 K Contribution Limits

2024 401 K Contribution Limits. Contributions to 401 (k)s can be automatically deducted from your. The 401(k) contribution limit is $23,000.

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.