401k 2024 Limits Catch Up Date. If you are 50 or older, you can defer paying income tax on $30,000 in your 401. The 401(k) contribution limit for those over 50, or.
Those 50 and older can contribute an additional. The update forecasts a $1,000 boost to this year’s 401 (k) elective deferral limit of $23,000, which would bring the 2025 limit to $24,000.