Janka Lizette

401k Contribution 2024 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. 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.

For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. All new limits will go into.