401k 2024 Contribution Limit Irs Over 50. Milliman halves its increase prediction. The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023.

The 401 (k) employee contribution limit for 2024 is $23,000. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.