401k 2024 Contribution Limit Irs Catch-Up

401k 2024 Contribution Limit Irs Catch-Up. Here's how the 401 (k) plan limits will change in 2024: Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.


401k 2024 Contribution Limit Irs Catch-Up

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Some employees’ compensation will exceed the annual compensation limit this year.

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