401k Limits 2024 Over 50 Catch Up. Let’s say you happened to turn 50 on december. The 401 (k) contribution limits for 2024 are $23,000 for.
Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.