401k 2024 Contribution Limit Chart Over 50

401k 2024 Contribution Limit Chart Over 50. In 2024, the 401 (k) contribution limit for. The irs has increased the contribution limit for 401 (k) plans for 2024 so individuals can now contribute up to $23,000.

The contribution limits for individual retirement accounts (iras) also increases. It permits those aged 60 through 63 to contribute $11,250 instead of $7,500 in 2025, according to the irs’s update.