2024 401k Limits Over 50. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.
Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. The dollar limitation for catch.