401k Contribution Limits 2024 Catch Up

401k Contribution Limits 2024 Catch Up. The limit on total employer and employee contributions for 2023 was. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.

Those 50 and older can contribute an additional $7,500. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.