401k Contribution Limits 2024 Catch Up Total

401k Contribution Limits 2024 Catch Up Total. Employees can now contribute up to $23,500 to their 401 (k) plans, an increase of $500 from. This means that your total 401(k) contribution limit for 2024 is $30,500.

This amount is up modestly from 2024, when the individual 401 (k) contribution limit was $23,000, or $30,500 for employees who were 50 or older. This means the total contribution can reach as much as $31,000.