401k Catch Up Contribution 2024 Date. Additional highlights for 2024 the limit on annual contributions to an ira increased to $7,000 (up from $6,500), and while the ira catch up contribution limit for. The 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions.

That compares with the $500 boost seen in 2024 over 2023. If you are age 50 or over in 2023 or 2024, you can contribute up to an additional $7,500.