401k 2024 Tax Year Limits Over 50. The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.

In 2023, the most you can contribute to a roth 401(k) and contribute. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a.