401k 2024 Limits Catch Up Over 50

401k 2024 Limits Catch Up Over 50. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500.


401k 2024 Limits Catch Up Over 50

For example, in 2023, individuals over age 50 can. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500.

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