401k Contribution Limits 2024 Calculator Employer. The contribution limit for 2024 is $23,000 ($22,500 for 2023). — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).
The 401 (k) contribution limit is $23,000 in 2024. — 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.