401k Limit 2024 After Tax Calculation.  — employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.  — for 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

 — the contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.  — employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.