What Is The 401k Limit For 2024 Catch-Up. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from. Under secure 2.0, starting in 2024, if the taxpayer has income of at least $145,000 for the.
Under secure 2.0, starting in 2024, if the taxpayer has income of at least $145,000 for the. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.