401k 2024 Limits Catch Up . Workplace retirement plan contribution limits for 2024. The 401(k) compensation limit is $345,000.
For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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What are the 401k Catchup contribution limits for 2024? Maximizing , 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.
