2024 Contribution Limits 401k Catch Up Over 50

2024 Contribution Limits 401k Catch Up Over 50. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024. Employees 50 or older can contribute up to $30,500 with catch.


2024 Contribution Limits 401k Catch Up Over 50

The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. The 401(k) compensation limit is $345,000.

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