2024 401k Catch Up Contribution Limits 2024. The contribution limits for individual retirement accounts (iras) also increases. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.
โ the total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that to the. Those 50 and older can contribute an additional $7,500.