Over 50 401k Contribution Limits 2024. If you’re 55 years old and maximize both. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
The irs limits how much employees and employers can contribute to a 401 (k) each year. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.