401k 2024 Contribution Limit Irs Over 50. 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 contribution limits for individual retirement accounts (iras).

The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. This means that your total 401(k) contribution limit for 2024 is.