401k Limits 2024 Catch Up Contribution

401k Limits 2024 Catch Up Contribution. Employees 50 or older can. 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.

For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. There are annual limits to how much you can contribute to your 401 (k).