401k Catch Up Limits 2024 Over 50

401k Catch Up Limits 2024 Over 50. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

For 2024, you can contribute up to $7,000 to a roth or traditional ira. If you’re 50 or older, the limit is $8,000.