401k Contribution Limits 2024 Catch Up Total Price

401k Contribution Limits 2024 Catch Up Total Price. The contribution limits for individual retirement accounts (iras) also increases. In 2024, the limit on total employer and employee contributions is $69,000, from $66,000 in 2023.

Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.