401k Limits 2024 Over 50 Catch Up . For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. The new contribution limit for 401 (k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the internal revenue service said friday.
That means a total of $30,500 can be contributed. The 2024 contribution limits allow you to save an extra.
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