401 K Limits 2024 Catch Up Plan. Participants aged 50 years or older can contribute an additional. For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023.

The limit on employer and employee contributions is $69,000. This dollar amount is the same as in 2023.

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401k Contribution Limits And Limits (Annual Guide), — workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.

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