401k Catch Up 2024 Age 60. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers.
For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. Those who are age 60, 61, 62, or 63 will soon be able to set aside.