2024 401k Contribution Limit Catch Up 2024. Anyone age 50 or over is eligible for an additional. 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 agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. Anyone age 50 or over is eligible for an additional.
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