2024 401k Employer Contribution Limits 2024. The announcement of the 401k contribution limits for 2025 is anticipated to follow the same pattern and you can expect these updates by the irs in mid to late october 2024. 2025 401 (k) and 403 (b) employee contribution limit.

This amount is up modestly from 2024, when the individual 401(k) contribution limit was $23,000, or $30,500 for employees who were 50 or older. The irs announced today it will increase 401(k) contribution limits to $23,500 (from $23,000 in 2024), the same increase as last year, while limits for employees over 50 remains.