Catch Up 401k 2024 Limit . Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Learn how much you can contribute to your 401 (k) plan in 2023 and 2024, and how the irs adjusts the limits annually for inflation.
The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500. For the 2017 plan year, she deferred $24,500 to the plan.
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