401k Contribution Limits 2024 Catch Up Total Revenue

401k Contribution Limits 2024 Catch Up Total Revenue. The internal revenue service (irs) raised the. The limit on combined employee and employer contributions is $69,000, up from $66,000 in 2023.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.