Catch Up Contribution 401k 2024 Over 55. People younger than 50 may contribute up to $22,500 in 2023 and $23,000 in 2024 to. Most 401(k) contributions are deductions from employee paychecks.

There are annual limits to how much you can contribute to your 401 (k). The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.