Total 401k Contribution Limit 2024 Over 50 . Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The 401(k) contribution limit is $23,000.
Therefore, if you are over 50, your total 401k contribution limit for 2024 is $23,000 + $7,500. The 401(k) employee contribution limit for 2024 is $23,000.
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