Catch Up Contribution 401k 2024 Over 55 . For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs.
For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Altogether, the most that can be contributed to your 401 (k) plan between both you and your employer is $69,000 in 2024, up from $66,000 in 2023.
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