What Is The 401 K Contribution Limit For 2024 With Catch Up

What Is The 401 K Contribution Limit For 2024 With Catch Up. The 401(k) compensation limit is $345,000. Participants who are 50+ can save an additional $7,500 in.

 — for 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.  — 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 announced nov.