2024 40k Limit Catch Up
2024 40k Limit Catch Up. The 401(k) contribution limit is $23,000 in 2024. Let’s say you happened to turn 50 on december 31, 2025. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. It will be …