Over 50 401k Contribution Limits 2024. Employees 50 or older can contribute up to $30,500 with catch. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.