401k Limits 2024 Catch Up Contribution . The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. 401(k) contribution limits for 2024.
Older workers can defer paying income tax on as much as $30,500 in a 401(k) plan in 2023. Those 50 and older can contribute an additional $7,500.
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