401k 2024 Contribution Limit Catch Up

401k 2024 Contribution Limit Catch Up. 401(k) (other than a simple 401(k)) 403(b) The limit on employer and employee contributions is $69,000.

Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira.