2024 401 K Contribution Limit Catch Up

2024 401 K Contribution Limit Catch Up. Total contributions cannot exceed 100% of an employee’s annual. The irs revisits these numbers annually and, if necessary,.

Those 50 and older can contribute. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from the $22,500 limit in.