401 K Plan Contribution Limits 2024. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Limits for 401 (k) plan contributions increased to $23,000 for 2024, with a limit of $30,500 for those age 50 and over.

In 2024, employers and employees together can. Contributions to 401 (k)s can be automatically deducted from your.