Max 401k Contribution 2024 With Catch Up Plan

Max 401k Contribution 2024 With Catch Up Plan. In 2023, this rises to $22,500. The 401 (k) contribution limit is $23,000 in 2024.

A simple ira or a simple 401 (k) plan may permit. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.