401 K Contribution Limits 2024 Catch Up

401 K Contribution Limits 2024 Catch Up. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. The 401 (k) compensation limit is $345,000.


401 K Contribution Limits 2024 Catch Up

You can contribute to more than one 401 (k) plan. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.

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