401k Contribution Limits 2024 Age 50. Those limits also apply to folks with 403 (b)s, most 457 plans, and the government’s thrift savings plan (tsp). The limit on employer and employee contributions is $69,000.

2024 limits on 401k contributions for age 50. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.