2024 401k Contribution Limits 2024 Catch Up

2024 401k Contribution Limits 2024 Catch Up. 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. Starting in 2025, the 401 (k) employee deferral limit will jump to $23,500, up from $23,000 in 2024.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to. So, according to the contribution limits for a 401 (k), after age 50, you could contribute a total of $30,500 to a 401 (k) each year.