401k Contributions 2024 Limits Employer Match. The 2024 limit on 401 (k) contributions is $23,000, or $30,500 for people 50 and older. For those 50 or older, the limit is $30,500.

Employer 401(k) matching doesn’t apply toward the 401(k) contribution limit, but there is a higher limit to watch our for. Here’s how the 401(k) plan limits will change in 2024: