What Is The 401k Catch Up Limit For 2024 Over 55 . Employer matches don’t count toward this limit and can be quite generous. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
In 2023, this rises to $22,500. 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.
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What Is Max 401k Contribution 2024 Over 50 Dalia Eleanor , For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.