2024 401k Catch Up Contribution Limit. 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. In 2024, the annual limit for 401(k) contributions rose to $23,000, up from $22,500 previously.
For individuals under 50, the standard 401(k) contribution limit in 2024 23,000. A key feature of 401 (k) accounts is that they have generous contribution limits.