401k Max Contribution 2024 Catch Up 2024

401k Max Contribution 2024 Catch Up 2024. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. Here are some steps to catch up on savings by age 65.


401k Max Contribution 2024 Catch Up 2024

For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. The 401 (k) compensation limit is $345,000.

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