401k Contribution Limits 2024 Catch Up Over 60

401k Contribution Limits 2024 Catch Up Over 60. In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50. 1, people ages 60 to 63 will be able to contribute more to their 401 (k) plans, as well as most 403 (b) and 457 (b) plans.

So, if you were exercising this option in 2024, you’d only be able to roll over up to $7,000, which is the 2024 limit for people younger than 50. If you’re in your early 60s and have a 401 (k), 403 (b) or other workplace retirement account, you can supersize your contributions — to as.