2024 401k Max Contribution Catch Up

2024 401k Max Contribution Catch Up. 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. Employers can contribute to employee.

In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024.