Max 401k Contribution 2024 Over 50 Catch Up. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year. For 2025, the 401(k) contribution limit for employees is $23,500, or $31,000 if you are age 50 or older.
In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. 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.
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