2024 Maximum 401k Contribution Limits Over 50. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. 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.
This means that your total 401 (k) contribution limit for 2024 is. The 401(k) contribution limit for 2024 is $23,000.