What Is The 401k Limit For 2024 Irs Catch-Up . Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The 401(k) contribution limit is $23,000.
The 401(k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.
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Irs 401k Limits 2024 Catch Up Arlana Savina , 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.