2024 401k Contribution Limit Over 55 . Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs. For 2024, the contribution limit increases again to $23,000.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Those 50 and older can contribute more.
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Lifting the Limits 401k Contribution Limits 2024 , It will go up by $500 to $23,500 in 2025.