2024 401k Contribution Limit 50 000. The 401(k) compensation limit is $345,000. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older.

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. For 2025, the 401(k) limit for employee salary deferrals is $23,500, which is above the 2024 401(k) limit of $23,000.