Talya Fernanda

401k 2024 Contribution Limit Irs Over 50. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. In 2024, employers and employees together can contribute up to $69,000, up.

Deferred compensation limits for all employees under. Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023.