401k 2024 Contribution Limit Chart Over 50. — the 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. — for 2024, the contribution limits for 401 (k) plans have been increased.
The 401 (k) contribution boost for 2024 is. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.