401k Annual Limit 2024 Over 50. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. (in 2023, it's $66,000.) if you're 50 or older, you have an absolute limit of $76,500 or 100% of your.

The total contribution limit on 401(k) plans, including employer. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.