2024 Contribution Limits 401k Catch Up Form. You’re allowed to make what are called “ catch up contributions ” to your 401 (k), 403 (b), and 457. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
This is an increase from the 2023 limit of $22,500. In 2024, for example, if you’re enrolled in a workplace program like a 401 (k), a 403 (b) or an eligible 457 plan, you can save up to $23,000 for retirement.