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2024 401k Catch Up Rules

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2024 401k Catch Up Rules. You can contribute more to your 401(k) once you reach age 50. For 2024, the maximum you can contribute to a simple 401 (k) is $16,000.


2024 401k Catch Up Rules

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Starting in 2024, the $1,000 amount will be adjusted annually for inflation just like the base amount.

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401k Catch Up 2024 Rules Mair Sophie, Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000.

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