Catch Up Contribution 401k 2024 Over 55. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs.


Catch Up Contribution 401k 2024 Over 55

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Altogether, the most that can be contributed to your 401 (k) plan between both you and your employer is $69,000 in 2024, up from $66,000 in 2023.

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