2024 401k Contribution Limit Catch Up. The limit for overall contributions—including the employer match—is 100%. Starting in 2025, if you’re 60 to 63, you will get a higher contribution limit than people in.

The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. More people will be able to make contributions to roth.