2024 401 K Catch Up Contribution Limit

2024 401 K Catch Up Contribution Limit. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024. The maximum contribution for iras and roth iras increased to $6,500, up from.


2024 401 K Catch Up Contribution Limit

Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Those 50 and older can contribute an additional $7,500.

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