401k Catch Up 2024 Contribution Limit Irs . The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023. You can take advantage of the higher.
The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023. Individuals aged 50 and older can contribute an additional $7,500 to their traditional 401 (k) accounts, bringing their total contribution limit to $30,500.
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