Wendi Marcile

2024 401k Contribution Limit Catch Up In India. Employees 50 or older can contribute up to $30,500 with catch. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

Employees 50 or older can contribute up to $30,500 with catch. 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.