Current 401k Contribution Limits 2024 Over 50. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. This amount is up modestly from 2023, when the individual.

 — 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. In 2024, employers and employees together can.