401k Limits 2024 Catch Up Age. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from.
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. Catch up 401k contribution 2024 gypsy kellina, irs 401k limits 2024 catch up age.