What Is The 401k Limit For 2024 With Catch Up Contributions. Limits for 401 (k) plan contributions increased to $23,000 for 2024, with a limit of $30,500 for those age 50 and over. Workers who contribute to a 401 (k), 403 (b), most 457 plans, and the federal.

The 401(k) employee contribution limit for 2024 is $23,000. In 2024, for example, the irs limit on ira contributions is $7,000 and $8,000 for those 50 or older.