401k 2024 Catch Up Contribution Limit Irs. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500 in.
The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional $7,500.
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