401k Limits 2024 Catch Up Contribution

401k Limits 2024 Catch Up Contribution. Employees 50 or older can contribute up to $30,500 with. That means a total of $30,500.

This is the same as it was in 2023. If you are 50 or older, you can defer paying income tax on $30,000 in your 401 (k) plan.