What Is 2024 401k Catch Up Contribution Limit. The 401 (k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. The ira catch‑up contribution limit for individuals aged 50 and older remains.
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. In 2025, that limit rises to $23,500.