Clary Cordula

New 401k Contribution Limits 2024. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403. Employees will be able to sock away more money into their 401 (k)s next year.

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.