401k Contribution Limits 2024 Married Filing. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. 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.
You can contribute a maximum of $7,000 (up from $6,500 for 2023). In 2024, the income limit for the credit increased to $76,500 for married couples filing jointly, up from $73,000 in 2023.
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