2024 401k Limits And Catch Up Limits Over 50. In 2024, the combined contribution limit is increasing to $69,000, up from $66,000 in 2023. The income ranges for determining eligibility to make deductible.

That means an active participant 50 or. If you are over the age of 50 you can contribute $24,000 ($18,000 in salary deferrals and $6,000 catch up) in an employer sponsored 401(k) plan.