401k Catch Up 2024 Limits

401k Catch Up 2024 Limits. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000.


401k Catch Up 2024 Limits

For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. However, withdrawals from traditional ira funds are taxed as regular income.

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