Max 401k Contribution 2024 Over 50 Catch Up. The total contribution limit for both employee and employer contributions to 401(k). Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.

The limit on employer and employee contributions is $69,000. Specifically, individuals who are at least 50 years old and earning more.