401k Limit 2024 Employer Contribution Over 50.  — the 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. You can contribute to more than one.

 — for 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.  — employees age 50 and older are subject to a higher contribution limit with either type of contribution.