2024 401k Catch Up Contribution Limits 2024 Pdf. For 2024, you can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for savers age 50 and older. The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022.
More people will be able to make contributions to roth. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.