What Is The 401k Catch Up Limit For 2024

What Is The 401k Catch Up Limit For 2024. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. This number only includes personal contributions —.

For 2024, the limit for 401(k) plan contributions is $23,000, up from $22,500 last year, according to the irs. In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50.