Annual 401k Contribution Limit 2024 Uk. Those 50 and older can contribute an additional. — the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
If you’re age 50 or. — for 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.