What Is The 401k Catch Up Limit For 2024 . The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year.
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. This amount is an increase of.
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401k Catch Up Contribution Limit 2024 Ailis Arluene , Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.