401k Contribution Limits 2024 Over 50 Married. The relatively high contribution limits of a 401(k) plan better allow individuals to build a retirement nest egg over their working years that will help fund their lifestyle. If you contributed 5 percent of your salary to a 401(k) plan, your contribution would be.

For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. You can stash away an extra $500 in most retirement savings plans in 2024.