Jonis Mahalia

401k Contribution Limits 2024 Catch Up Irs. 401(k) (other than a simple. Workers aged 50 and older can also put in an additional $7,500.

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. 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.