2024 401k Contribution Limit Over 50. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. This means that individuals aged 50 and older.

The 401(k) contribution limit is increasing in 2025. The ira catch‑up contribution limit for individuals aged 50 and older remains.