401k Limit 2024. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

401(k) contribution limits in 2024 and 2025. For 2023, the overall annual contribution limit (including both individual and employer contributions) was $66,000;