2024 401k Limits Chart With Catch Up. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. If you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up.
That means an active participant 50 or. If you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up.