401k Contribution 2024 Catch Up

401k Contribution 2024 Catch Up. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.

Employees 50 or older can contribute up to $30,500 with catch. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.