401k Limits 2024 Catch Up Over 55. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. In 2024, employers and employees together can contribute up to $69,000, up from a limit of.

This means that your total 401(k) contribution limit for 2024 is. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.