2024 401k Catch Up Contribution Limits 2024 Over 55. 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. This means that your total 401(k) contribution limit for 2024 is.
So, for those individuals, the total 401 (k) contribution cap. The 401(k) compensation limit is $345,000.