What Is The 2024 401k Contribution Limit Over 50. Employer matches don’t count toward this limit and can be quite generous. Next year, savers will have a chance to add an extra $500 to a 401(k).

The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.