2024 401k Contribution Limit 50 Over 50 . The 401 (k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. In 2023, the limits were $66,000, or $73,500 for people 50 and older.
    
 
         
     
 
     
 
Changes in inflation affect the limits,. In 2023, the limits were $66,000, or $73,500 for people 50 and older.
 
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