Irs 401k Limit 2024 Over 50. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.
The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025. The dollar limitation for catch.