401k Contribution Limit 2024 Catch Up

401k Contribution Limit 2024 Catch Up. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500. This limit will likely be adjusted higher for 2024.

The standard ira contribution limit is adjusted for inflation over time. The irs’s anticipated adjustments to 401(k) contribution limits for 2025, driven by inflation and the provisions of the.