401k 2024 Contribution Limit Irs Over 50. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The combined limit for employee and employer.

The 401 (k) contribution limit for 2024 is $23,000. The limit on total employer and employee contributions for 2024 is $69,000 ($76,500.