401k Annual Limit 2024 Over 50. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024.
Most of those 50 and older will be able to add another $7,500 ๏ปฟโ the. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in.