What Is The 401k Contribution Limit For 2024 Over 55. If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.
The limit on employer and employee contributions is $69,000. Those 50 and older can contribute an additional $7,500.
