401k 2024 Catch Up Contribution Limit Irs. The total employee contribution limit to all 401(k) and 403(b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that to the. 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.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.