2024 401k Contribution Limit Over 55. Thanks to some recent adjustments by the internal revenue service, your 401 (k) will get a bit better in 2024. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.
The dollar limitation for catch. The 401(k) employee contribution limit for 2024 is $23,000.