401k Catch Up Contribution Limit 2024 Over 50. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. There are annual limits to how much you can contribute to your 401 (k).
In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
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