2024 Limits On 401k Contributions For Age 50. This amount is up modestly from 2023, when the individual 401(k). For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from. The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.