2024 401k Limits Over 50. The 401(k) contribution limits for 2023 sit at $22,500 for retirement savers under 50 and $30,000 for those 50 and over. So, for those individuals, the total 401(k) contribution cap is $30,500.

This includes all your personal contributions and any money your employer contributes to your 401(k) on your. If you’re 50 or older, the limit is $8,000.