401k Contribution Limits 2024 Catch Up Total . This amount is an increase of $500. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.
This means that your total 401(k) contribution limit for 2024 is $30,500. The 2024 401 (k) individual contribution limit is $23,000, up from $22,500 in 2023.
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401k Contribution Limits 2024 Catch Up Total Amount Denna Simonne , 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.