401k Limits 2024 Employer Match Over 50 . The limit for employee contributions to a 401 (k) is $23,000 in 2024 for those under age 50. This amount is up modestly from 2024, when the individual 401 (k) contribution limit was $23,000, or $30,500 for employees who were 50 or older.
If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. It does not apply to the $23,500 contribution limit for employees.
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401k Limits For 2024 Over Age 50 Ilyse Leeanne , In 2025, the contribution limit for flexible spending accounts will rise 3.1% to $3,300, compared to the 4.9% increase in 2024 over the previous year.
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