401k Limits 2024 50+. Irs 401k limits 2024 over 50. Contributions to 401 (k)s can be automatically deducted from your paycheck.

The 401(k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.