401k Contribution Limits 2024 Catch Up Total Assets. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. Therefore, if you are over 50, your total 401k contribution limit for 2024 is $23,000 + $7,500.

To begin the conversation about whether a cash balance plan may be right for your business, reach out to pentegra’s retirement plan experts at. So people 50 and older can invest $30,500.