401k Contribution Limits 2024 Catch Up Date

401k Contribution Limits 2024 Catch Up Date. 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. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.


401k Contribution Limits 2024 Catch Up Date

More people will be able to make contributions to roth. The maximum contribution to a 401(k) plan is $23,000 in 2024 if you are younger than 50 years old.

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