2024 401k Contribution Limits 2024 Catch Up Contribution

2024 401k Contribution Limits 2024 Catch Up Contribution. (the secure 2.0 act of 2022 introduced new contribution limits for some plans starting in 2024. In 2024, the maximum annual 401(k) contribution for those age 50 or older is $30,500.


2024 401k Contribution Limits 2024 Catch Up Contribution

In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Of this, $23,000 is the standard contribution limit that applies to everyone and $7,500.

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