401k Limit 2024 50 Year Rule. There's also a $7,500 catch. In 2024, the typical limits for are $23,000 for 401(k)s, and for $7,000 for iras.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025.