Aida Loreen

2024 Catch Up Contribution 401k Limit. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. 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.

The dollar limitation for catch. The irs limits how much employees and employers can contribute to a 401 (k) each year.