401k Contribution Limits 2024 Company Matchup. If you are 50 years old or older, you can make an additional. Employees could contribute up to $22,500 to their 401(k) retirement savings plans for tax year 2023.

If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). For tax year 2024, employees can contribute up to $23,000.