401k Limits 2024 Over 50. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.
401 (k) contribution limits in 2024. Going over the 401 (k) contribution.