401 K Limits 2024 Catch Up Over 50.  — employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. If you're age 50 or older, you're eligible for an additional $7,500 in catch.

 — the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.  — if you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up.