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What Is The 401k Limit For 2024 Irs Catch-Up

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What Is The 401k Limit For 2024 Irs Catch-Up. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.


What Is The 401k Limit For 2024 Irs Catch-Up

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. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.

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