401k 2024 Contribution Limit Chart In India. See the chart of select limits and the details of changes based on the irs. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

Those 50 and older can contribute an additional $7,500. The adjustment means that older workers have the potential to save as much as $30,500 in a traditional pretax 401(k) in 2024, thereby reducing their taxable income.