2024 401k Limits Catch Up

2024 401k Limits Catch Up. Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025,.


2024 401k Limits Catch Up

For 2024, the maximum amount employees under 50 years old can put in a 401 (k) or similar account is $23,000. The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000 ($15,500 for.

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