401k 2024 Contribution Limit Catch Up Over 55

401k 2024 Contribution Limit Catch Up Over 55. 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. The 401(k) compensation limit is $345,000.


401k 2024 Contribution Limit Catch Up Over 55

Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000.

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