Limit For 401k Contribution 2024 Over 55.  — the 401 (k) contribution limit for 2024 is $23,000.  — 401 (k) plans are also subject to several contribution limits.

 — total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.  — for 2024, the contribution limit increases again to $23,000.