401k 2024 Contribution Limit Catch Up 2024. Therefore, participants in those plans who are 50 and older generally can contribute up to $31,000 each year, starting in 2025. 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.
Use our calculator to estimate your future. 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.