Meggy Silvana

2024 401k Catch Up Contribution Limit. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from. Those 50 and older can contribute an additional.

Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. This means that your total 401(k) contribution limit for 2024 is $30,500.