Catch Up Contribution 401k 2024. Let’s say you happened to turn 50 on december 31, 2024. Workers ages 50 and older can make an additional annual contribution to their 401(k) plan, over and above the standard $20,500 limit for 2022 or.

By considering various scenarios and adjusting inputs. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.