2024 401k Catch Up Contributions

2024 401k Catch Up Contributions. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with. Most employers only put in their contributions to the degree that you make yours.

More than half gen xers, or 55%, wish they saved more for retirement, according to a recent report from the allianz life insurance company of north america. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each.