2024 401k Limits Catch Up

2024 401k Limits Catch Up. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Starting in 2025, key 401(k) plan changes enacted via secure 2.0 could make.

Employee contribution limits go up $500 more in 2025, to $23,500 from $23,000. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b).