What Is The 401k Limit For 2024 Irs Catch-Up. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. Tom is a participant in.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. 401(k) (other than a simple 401(k)).