What Is The 401 K Contribution Limit For 2024 Over 50. You can stash away an extra $500 in most retirement savings plans in 2024. That means a total of $30,500 can be contributed as an employee of a.

In 2024, the irs has increased the standard employee contribution limit for 401(k) plans to $23,000. Compare the annual contribution limits for roth and traditional iras and 401 (k)s for 2023 and 2024.