401k Limits 2024 Over 50 Catch Up . Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
If you’re trying to catch up on retirement savings, the high contribution limits make it possible. Next year, the limit for savers under 50 is rising to $23,000.
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