401k Contribution Limits 2024 After Tax 2021. Those 50 and older can contribute more. The overall 401(k) limits for employee and employer contributions is $69,000, or $76,500 for workers 50 and up.
This year the irs announced there will be an increase to the maximum employee 401(k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax. For example, suppose you had gross pay of $50,000 a year and got paid every two weeks.