401k 2024 Contribution Limit Irs Catch-Up

401k 2024 Contribution Limit Irs Catch-Up. 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. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.


401k 2024 Contribution Limit Irs Catch-Up

Those 50 and older can contribute an additional $7,500. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.

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