Irs 401k Limit 2024 Over 50

Irs 401k Limit 2024 Over 50. The dollar limitation for catch. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.

The new contribution limit, effective from january 1, 2024, applies to 401 (k) plans, along with 403 (b) plans, most 457 plans, and the thrift savings plan for federal. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b).