401k Contribution 2024 Catch Up 2024

401k Contribution 2024 Catch Up 2024. (that contribution limit is up. The contribution limit for employees who participate in 401 (k), 403 (b), and most 457 plans, as well as the federal government's thrift savings plan, however, will increase for 2024 to $23,000.

The 401 (k) compensation limit is $345,000. The 401k catchup is primarily meant for people who joined the service later and are trying to catch up with the rest of.