2024 401k Combined Contribution Limit. The 401(k) contribution limit for 2024 is $23,000, or $30,500 if you’re at least 50. Participants who are 50+ can save an additional $7,500 in.

As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. Employees can invest more money into 401(k) plans in 2024, with contribution limits.