401 K Catch Up Contribution Limits 2024 Over 55. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).

Up to $7,500 a year. More people will be able to make contributions to roth ira accounts, too.