Max 401k Catch Up Contribution 2024 Over 50

Max 401k Catch Up Contribution 2024 Over 50. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.  — the 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.

For example, if you’re over 50 and contributing to a 401(k), you. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.