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401k 2024 Contribution Limit Over 50. The limit on employer and employee contributions is $69,000. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.

The 401(k) contribution limit is $23,000. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.