Roze Melitta

401k Limits 2024 Catch Up Contribution. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 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 announced nov. The limit on employer and employee contributions is $69,000.