401k Limits For 2024 Over Age 50

401k Limits For 2024 Over Age 50. The maximum catch up contribution you can make is $7,500.  — the 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.

This means that your total 401(k) contribution limit for 2024 is $30,500. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.