401 K Limits 2024 Catch Up Contribution

401 K Limits 2024 Catch Up Contribution. 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. Those 50 and older can contribute an additional $7,500.

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. This means that your total 401(k) contribution limit for 2024 is.