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401k 2024 Limits Catch Up 2024

401k 2024 Limits Catch Up 2024. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000.  — 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.


401k 2024 Limits Catch Up 2024

So, those aged 50 or over can contribute a total of $30,500 to their 401 (k) during 2024. This dollar amount is the same as in 2023.

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