Max 401k Catch Up Contribution 2024 Over 55 . The 401(k) contribution limit is $23,000 in 2024. The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Employees who participate in 401 (k), 403 (b), most 457 plans, and the federal governmentโs thrift savings plan will be able to contribute up to $23,000 in.
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What are the 401k Catchup contribution limits for 2024? Maximizing , Adults 50 and older may add an extra $7,500 to this limit in both 2023 and 2024, bringing their total contribution limit for the plan year to $30,000 (2023) or $30,500 (2024).