Irs 401k Employer Contribution Limits 2024. If you are 50 years old or older, you can make an additional. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
The limit on total employer and employee contributions for 2023. For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000.