Max 401k Contribution 2024 Over 50 Catch Up. The 401(k) contribution limit for 2024 is $23,000. If you’re turning 50 or older and exceed the irs elective deferral (or annual additions) limit, then your contributions will automatically start counting toward the irs catch.
The limit on employer and employee contributions is $69,000. The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to.