Contribution Limits 401k 2024 After Tax. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

In 2024, if you are younger than 50, you can deposit up to $23,000 in a 401(k) account. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira contribution deductibility.