2024 401k Catch Up Contribution Limits 2024 Calculator. The catch up contribution is $1,000 more if you are 50 years old or older. Contributions to 401 (k)s can be automatically deducted from your.
The 401k limits for 2021 and 2022 set by the irs are $19,500 and $20,500, respectively. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.