401k 2024 Limits. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000.
This amount is up modestly from 2023, when the individual. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.