401 K Contribution Limits 2024 Over 50. This amount is up modestly from 2023, when the individual. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.

The maximum contribution to a 401(k) plan is $23,000 in 2024 if you are younger than 50 years old. The dollar limitation for catch.