Total 401k Contribution Limit 2024 Over 50. In 2024, the 401 (k) contribution limit for participants is. Changes in inflation affect the limits,.
For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The total of all employee and employer contributions per employer will increase from $66,000 in 2023 to $69,000 in 2024 for those under 50.