401k 2024 Limits Catch Up In India. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Those 50 and older can contribute an additional $7,500.

There are annual limits to how much you can contribute to your 401 (k). In 2022, for people under 50 years old, this limit is $20,500, increasing to.