2024 Irs 401 K Contribution Limits Catch Up. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. This limit applies to employee deferrals (both.
For those aged 50 and older, the limit is $8,000, which. Total contributions cannot exceed 100% of an employee’s annual.