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2024

401k Catch Up 2024 Contribution Limit Irs

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.


401k Catch Up 2024 Contribution Limit Irs

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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