2024 401k Contribution Limit 50 Percent. The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older.

The limit is $30,500 for those who are age 50 or older. In 2024, it’s $69,000, or $76,500 for employees 50 and older.