401k Contribution Limits 2024 Married Filing Joint. If you are 50 or older, you can contribute an additional $7,500. The annual limit on contributions will increase to $23,000 (up from $22,500) for 401(k), 403(b) and 457 plans, as.
Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs. Deferred compensation limits for all employees under age 50.