401 K Maximum 2024 Catch Up Date

401 K Maximum 2024 Catch Up Date. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. Total contributions—by both employee and employer—to a 401(k) may not exceed $69,000 (or $76,500 for investors age 50 or older) in tax year 2024 (up from.

And the total annual contribution amount (employee plus. Employees can contribute up to $22,500, up from $22,000 in 2023.