2024 401k Catch Up Contribution Limit
2024 401k Catch Up Contribution Limit. Employees will be able to sock away more money into their 401(k)s next year. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
The 401 (k) contribution limit for individuals has been increased to $23,000 for 2024. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.