401k Contribution Limits 2024 Calculator. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
This is in addition to the standard employee contribution limit, meaning that if you are 50 or older, you could. The annual maximum for 2024 is $23,000.
