2024 401k Limits And Catch Up Limits Chart

2024 401k Limits And Catch Up Limits Chart. Contribution limits for 401(k), 403(b), and most 457 plans, as well as the federal government's thrift savings plan will also increase by $500 for 2024. The 401 (k) contribution limit is $23,000 in 2024.

For 2024, the maximum 401 (k) contribution limit is $23,000 for individuals under the age of 50. 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 contribution deductibility.