401 K Catch Up Contribution Limits 2024. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Employees 50 or older can contribute up to $30,500 with catch.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. If youโre 50 or older, you can stash an additional $7,500 in your 401 (k).
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