401k Contribution Limits 2024 Catch Up Total Income

401k Contribution Limits 2024 Catch Up Total Income. Adults 50 and older can contribute an additional $7,500 to their 401 (k) plans in 2024. In total, qualifying adults can save up to $30,500 per year.

Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs. Anyone age 50 or over is eligible for an additional.