November 8, 2024

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401k Contribution Limit 2024 Catch Up

401k Contribution Limit 2024 Catch Up. In 2022, for people under 50 years old, this limit is $20,500,. The limit on employer and employee contributions is $69,000.


401k Contribution Limit 2024 Catch Up

That increase is also true for workers who participate in 403(b) plans. Starting next year, the limit for contributions to a 401(k) will increase to $23,500, up from $23,000 in 2024.

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