Catch Up Amount For 401k 2024
Catch Up Amount For 401k 2024. 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. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.
Those 50 and older can contribute an additional $7,500. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000.