What Is The 401k Limit For 2024 With Catch Up Contributions

What Is The 401k Limit For 2024 With Catch Up Contributions. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Plan participants in these plans may wish to consider the impact of the dollar.

As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.