Max 401k Contribution 2024 With Catch-Up Upcoming Year

Max 401k Contribution 2024 With Catch-Up Upcoming Year. 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. Specifically, individuals who are at least 50 years old and earning.

The 401(k) contribution limit for 2024 is $23,000. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023.