Irs 401k Limits 2024 Over 50. The 401 (k) employee contribution limit for 2024 is $23,000. 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.

The total contribution limit, including employer contributions. The 401(k) contribution limit is $23,000.