2024 Max 401k Contribution Limits Catch Up 401k

2024 Max 401k Contribution Limits Catch Up 401k. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from. The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023’s limit.

The internal revenue service (irs) raised the annual contribution limits for 2024 to. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.