2024 401k Limits Over 55. Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs. You can contribute a maximum of $7,000 (same as 2024).
The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. 401k and retirement plan limits for the tax year 2024.