401k Contribution Limits 2024. Those 50 and older can contribute an additional $7,500. The 401 (k) contribution boost for 2024 is.
On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
