401k Contribution Limits 2024 Married Person. If both are over 50, they can contribute an additional $7,500. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras.

Employees age 50 and older can also direct an additional $7,500. For 2024, a 401 (k) participant filing single can contribute up to $23,000 (up from $22,500 in 2023).