401k Contribution Limits 2024 Employer. That means an active participant 50 or. Participants who are 50+ can save an additional $7,500 in 2024 in.

When most people think of 401 (k) contribution limits, they are thinking of the elective deferral limit, which is $23,000 for 2024 ($22,500 in 2023). See the limits for traditional 401(k)s, roth 401(k)s, employer contributions, and profit sharing.