2024 401k Catch Up Amount . Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. 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.
As kiplinger has reported, if you are younger than 50, the maximum amount you can contribute to a roth 401(k) for 2024 is $23,000. Those 50 and older are allowed to contribute an extra $7,500, for a total of $30,500.
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