What Is The 401k Catch Up Limit For 2024 Olympics. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The 401(k) compensation limit is $345,000.
In 2023, this rises to $22,500. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov.