2024 401k Limits Catch Up 2024 . 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. Employees 50 or older can.
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Total contributions cannot exceed 100% of an employee’s annual.
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