401k Catch Up Contribution Limit 2024 Over 50

401k Catch Up Contribution Limit 2024 Over 50. There are annual limits to how much you can contribute to your 401 (k). Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.

 — the limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023. Irs 401k limit 2024 over 50 tobe rhetta, as of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their.