2024 401k Catch Up Contribution Limits

2024 401k Catch Up Contribution Limits. For individuals under 50, the standard 401 (k) contribution limit in 2024 23,000. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from the.

The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits. For individuals under 50, the standard 401 (k) contribution limit in 2024 23,000.