401k Max Contribution 2024 Catch-Up 2024. 401 (k) contribution limits in 2023 and 2024. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000.
Congress passed the secure act 2.0 in december 2022, and the law aimed to help more people save for retirement. This means that your total 401(k) contribution limit for 2024 is $30,500.
401k Max Contribution 2024 Catch-Up 2024 Images References :