401k 2024 Catch Up Limits Over 50. The limit on employer and employee contributions is $69,000. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
If your plan qualifies, you may be able to contribute an additional 10%. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year.
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