401k Maximum Contribution 2024 Plus Catch Up Provision

401k Maximum Contribution 2024 Plus Catch Up Provision. Use our calculator to estimate your future balance. This limit will likely be adjusted higher for 2024.

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. If you are 50 or older, you can defer paying income tax on $30,000 in your 401.