Irs 401k Catch Up Contribution Limits 2024

Irs 401k Catch Up Contribution Limits 2024. In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023.

The contribution limits for individual retirement accounts (iras) also. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.