401k Contribution Limits 2024 Catch Up Date. Employees 50 or older can contribute up to $26,000. For individuals under 50, the standard 401 (k) contribution limit in 2024 23,000.
Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401 (k), an increase of $500 from this year. If you are 50 or older, you can defer paying income tax on $30,000 in your 401 (k) plan.