401k Catch Up Contribution Limit 2024 Over 50

401k Catch Up Contribution Limit 2024 Over 50. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year. Let’s say you happened to turn 50 on december.

There are annual limits to how much you can contribute to your 401 (k). Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.