401k Limits 2024 50 500k. 401k standard contribution limit in 2024 in 2024, the irs has increased the standard employee contribution limit for 401(k) plans to $23,000. For 2023, you can put in up to $22,500 if you're younger than 50 and up to $30,000 if you're 50 or older.

The combined annual contribution limit for roth and traditional iras for the 2024 tax year is $7,000, or $8,000 if you’re age 50 or older. 401 (k) contribution limits for 2024.