Dyna Natala

401k Contribution Limits 2024 Over 50 Years. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

With annual contribution limits as high as $23,000 for people under age 50 or $30,500 for those age 50 and up,. Employees will be able to sock away more money into their 401 (k)s next year.