401k Max Contribution 2024 Catch-Up 2024. 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 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

This dollar amount is the same as in 2023. The limit for overall contributions—including the employer match—is 100%.