401k Contribution Limits 2024 Catch Up Total Today

401k Contribution Limits 2024 Catch Up Total Today. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.

401(k) (other than a simple 401(k)) 403(b) employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from. Money you put into your 401k before taxes are taken out, in line with the limit on total contributions and catch‑up contribution limit for individuals 50 and older in.