Current 401k Limits 2024

Current 401k Limits 2024. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.

The amount of your social security benefit won’t be. 401(k) contribution limit for 2024.