401k Contribution Limits 2024 Over 50 Years. 401k contribution limits 2024 over 50 years. Starting in 2024, individuals under the age of 50 will be able to contribute up to $23,000 annually to their 401 (k) accounts, a significant increase from the previous.
The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). Irs 401k 2025 contribution limit.