2024 Max 401k Contribution Limits Over 50. Finally, we’ll review traditional and roth ira contribution limits. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older.