401k Limits 2024 Table 2024. In general, it offers more investment options than a 401 (k), but contribution limits are much lower. 401(k) contribution limits should continue their upward climb in 2024, according to a recent projection by mercer.

For 2024, individuals can contribute up to $23,000 in a 401 (k) and workers 50 and older can save $30,500. However, easing inflation now means lower forecasts for 401(k) and other retirement plan contribution limits for next year.