Max 401k Contribution 2024 And Catch Up Limit

Max 401k Contribution 2024 And Catch Up Limit. 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. Contribution limits for a roth 401(k) are the same as for a traditional 401(k).


Max 401k Contribution 2024 And Catch Up Limit

In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. 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.

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