401k Contribution Limits 2024 Catch Up Total Contribution Limit

401k Contribution Limits 2024 Catch Up Total Contribution Limit. If you are 50 years old or older, you can also contribute up to $7,500 in. But starting in 2025, workers aged 60 to 63 can boost.

The 401k contribution limits for the year 2025 are expected to see many increases in different plans including elective deferral limit to $24,000, defined contribution plan to. Employees can now defer up to $23,000 into 401 (k) plans for 2024, with an extra $7,500 for workers age 50 and older.