2024 401k Limits And Matching Fund. Contributions to 401 (k)s can be automatically deducted from your paycheck. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k).

As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. That amount rises to $76,500 with catch.