2024 401k Limits Over 50. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025, the same as in 2024. This amount is up modestly from 2024, when the individual 401(k).

The annual contribution limit is $23,000 in 2024 and $23,500 in 2025. Contribution limits for 401(k) and other workplace retirement plans rise for 2025.