What Is The 401k Limit For 2024 Irs Catch-Up

What Is The 401k Limit For 2024 Irs Catch-Up. 401k limit 2024 combined catch up. 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.

$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. According to the irs, for 2024 the 401k contribution limit is $23,000 (this an increase from the 2023 401k contribution limits of $22,500).