401k 2024 Limits. Americans held $7.8 trillion in 401 (k) plans, or defined contribution plans, as of march 31, 2024, according to the investment company institute. The 401(k) contribution limit for 2024 is $23,000.
The 401(k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Americans held $7.8 trillion in 401 (k) plans, or defined contribution plans, as of march 31, 2024, according to the investment company institute.