Over 50 401k Contribution Limits 2024. Contributions to 401 (k)s can be automatically deducted from your paycheck. Here's how the 401 (k) plan limits will change in 2024:
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. In 2023, this rises to $22,500.