401k Contribution Limits 2024 Catch Up Over 50

401k Contribution Limits 2024 Catch Up Over 50. The oldest members of gen x are less than a decade away from retirement, but there's still time to give their savings a boost. The 401(k) compensation limit is $345,000.

The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and. If you’re 50 or older at the end of.