401k Maximum Contribution 2024 Over 50. 2024 irs 401k limits for over 50 grier renata, for 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional $7,500.
This limit includes all elective employee salary deferrals and. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.