2024 401k Contribution Limit Age 50. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. This amount is up modestly from 2023, when the individual 401.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. The 401(k) contribution limit for 2024 is $23,000.