What Is The 401k Limit For 2024 Irs Catch-Up. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.


What Is The 401k Limit For 2024 Irs Catch-Up

You can contribute to more than one. The 401(k) employee contribution limit for 2024 is $23,000.

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