Total 401k Contribution Limit 2024 Over 50. For 2024, the contribution limits for 401 (k) plans have been increased. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.
Employees 50 or older can contribute up to $30,500 with catch. The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024.
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