401k Individual Contribution Limit 2024. The elective deferral contribution if you’re at least age 50 is. Contributions from all sources—including employer 401(k) matching—are limited to $69,000 in 2024 ($70,000.

For workers age 50 and up, the base limit was $76,500, which. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500.