Contribution Limit 401k 2024 Employer. Catch up 401 (k) contributions (50+ years old): This amount is an increase of.
There are limits to how much employers and employees can contribute to a plan (or ira) each year. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.
