2024 401k Contribution Limits 2024 Catch Up Period

2024 401k Contribution Limits 2024 Catch Up Period. The 401 (k) compensation limit is $345,000. That means a total of $30,500.


2024 401k Contribution Limits 2024 Catch Up Period

This means that people over the age of 50 can contribute a total of $30,500 to their 401 (k) plans in. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

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