401k Contribution Limits 2024 Catch Up Total Assets

401k Contribution Limits 2024 Catch Up Total Assets. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. More people will be able to make contributions to roth.

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. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.