2024 Max 401k Contribution Limits Catch Up Contributions 2024. In total, qualifying adults can save up to $30,500 per year. For 2024, employees can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older.
Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. 1 minute, 33 seconds read.