401k Catch Up 2024 Age. The irs permits workers aged 50 or over to invest an additional $7,500 in their 401(k) accounts each year above the legal maximum. In 2024, if you’re still working, you can make a maximum annual contribution of $23,500 to your employer’s retirement plan.
For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. How much total can i save this year?