2024 Max 401k Contribution Catch Up 2024. You can contribute to more than one 401. For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older.
Some 401(k)s allow added savings beyond those. — the annual contributions limit for traditional iras and roth iras was $7,000 for 2024, rising from $6,500 for 2023.