Irs 401k Limits Catch Up 2024 . For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. For individuals under 50, the standard 401 (k) contribution limit in 2024 23,000.
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. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up.
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