2024 Max 401k Catch Up Contributions

2024 Max 401k Catch Up Contributions. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

Maxing out your 401 (k) is no easy task. If you are 50 or older, you can defer paying income tax on $30,000 in your 401.