401k 2024 Contribution Limit Irs Over 50. In 2024, employers and employees together can contribute.  — the contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.

This means that your total 401(k) contribution limit for 2024 is $30,500.  — the 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.