401k Contributions 2024 Catch Up Plan. Employees 50 or older can. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.