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Total 401k Contribution Limit 2024 Catch Up
Total 401k Contribution Limit 2024 Catch Up. This ensures that the limits remain meaningful as the cost of living. You can contribute a maximum of $7,000 (up from $6,500 for 2023).
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. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.
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