Catch Up 401k Limits 2024. 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. If you’re looking to max out your retirement savings, you’ll be happy to hear that the contribution limits have been bumped up by $500 for most retirement savings.
The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.
