2024 401k Limits Catch Up

2024 401k Limits Catch Up. 401(k) (other than a simple 401(k)) 403(b) Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.


2024 401k Limits Catch Up

One factor to consider when contributing to a 401k savings plan is the contribution limit (the maximum amount of money you can put in your 401k for a given year) set by the irs. 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.

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