Tera Abagail

401k Contribution Limits 2024 Catch Up Total Tax. Your annual contribution is capped at $23,000 in 2024. That compares with the $500 boost seen in 2024 over 2023.

If you really want to boost your savings, you might even contribute the maximum to the account. Money you put into your 401k before taxes are taken out, in line with the limit on total contributions and catch‑up contribution limit for individuals 50 and older in.