Irs 401k Plan Limit 2024 Over 50. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. The irs released the retirement contribution limits for 2024 1 and we are breaking it down for you.
$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.