401k Contribution Limits 2024 Married. So, those aged 50 or over can contribute a total of $30,500 to their 401 (k) during 2024. This amount is up modestly from 2023, when the individual 401 (k) contribution limit.
On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.
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