Maximum 401k Contribution 2024 With Catch Up Limit

Maximum 401k Contribution 2024 With Catch Up Limit. 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. Specifically, individuals who are at least 50 years old and earning.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.