2024 401k Catch Up Contribution Limit Over 50. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. You can contribute a maximum of $7,000 (up from $6,500 for 2023).
More people will be able to make contributions to roth. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
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