2024 401k Limits Contribution Over 50. Employer matches don’t count toward this limit and can be quite generous. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.