2024 401k Contributions Catch Up . If you are 50 or older, you can make an additional 401 (k) contribution of $6,500 a year. In 2024, if you’re still working, you can make a maximum annual contribution of $23,500 to your employer’s retirement plan.
Specifically, individuals who are at least 50 years old and earning. Use our calculator to estimate your future balance.
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401k Contributions 2024 Catch Up Date Joly Natalee , Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.
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