401 K Limits 2024 Catch Up. Starting in 2025, if you’re 60 to 63, you will get a higher contribution limit than people in. Starting in 2025, if you’re 60 to 63, you will get a higher contribution limit than people in.

For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.