2024 401k Catch Up Contribution Limits. For individuals under 50, the standard 401 (k) contribution limit in 2024 23,000. Specifically, individuals who are at least 50 years old and earning.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. In 2022, the limit was $20,500, increasing to $22,500 in 2023.