401k Contribution Limits 2024 Catch Up Total Income. For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. For those who are age 50 or over at any time.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. 401 (k) contribution limits for 2024.