2024 401k Contribution Limit Over 50.  — 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. If you have a 401 (k) match, the combined limit in 2024 is $69,000, or.

For 2024, you can contribute $7,000 to an ira, plus $1,000 if you’re 50 or older, for a total of $8,000.  — employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.