401k Contribution Limits 2024 Catch Up Total Assets

401k Contribution Limits 2024 Catch Up Total Assets. The 2024 contribution limits for 401 (k), 403 (b), and most 457 plans have been raised, increasing by $500 the amount plan participants can contribute. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023.

Your employer might match a. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).