401k Limits 2024 50 Year Old. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. That means an active participant 50 or.
Next year, savers will have a chance to add an extra. This increases your total contribution limit to $30,500.