401k Catch Up 2024 Age. The limit for overall contributions—including the employer match—is 100% of your compensation or $69,000,. Employees 50 or older can contribute up to $30,500 with.

The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. Individuals aged 50 and older can contribute an additional $7,500 to their traditional 401 (k) accounts, bringing their total contribution limit to $30,500.