2024 401k Catch Up Contribution Limit . Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. The 401 (k) compensation limit is $345,000.
401 (k) pretax limit increases to $23,000. Irs releases the qualified retirement plan limitations for 2024:
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