401 K Limits 2024 Catch Up Over 50

401 K Limits 2024 Catch Up Over 50. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

This means that your total 401(k) contribution limit for 2024 is. 401(k) (other than a simple 401(k)).