2024 401k Contribution Limits Chart By Age. Age401(k) only, 401(k) with profit sharing, cash balance, total. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from.
The irs sets a limit on how much can be put into a 401(k) plan every year, also known as an annual contribution limit. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.