2024 401k Contribution Limits 2024 Catch Up

2024 401k Contribution Limits 2024 Catch Up. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.


2024 401k Contribution Limits 2024 Catch Up

For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

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