401k Catch Up 2024 Employer Match

401k Catch Up 2024 Employer Match. There’s also a limit on the total annual contributions (from both employee and employer) to all of your accounts in. Adults 50 and older can contribute an additional $7,500 to their 401 (k) plans in 2024.

Here’s what you need to know as you update your retirement savings plans between now and then. The contribution limit on 401(k) plans in 2024 is $23,000, with workers 50 and older allowed to set aside an additional $7,500 to catch up on retirement planning.