401k Limits 2024 Catch Up

401k Limits 2024 Catch Up. Those 50 and older can contribute an additional $7,500. 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.

For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. Workers who contribute to a 401 (k), 403 (b), most 457 plans, and the federal.