401k Limits 2024 Catch Up Contribution

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401k Limits 2024 Catch Up Contribution. The 401(k) contribution limit for 2024 is $23,000. The 401 (k) compensation limit is $345,000.


401k Limits 2024 Catch Up Contribution

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. 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.

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