401k Maximum Contribution 2024 Plus Catch Up In 2024

401k Maximum Contribution 2024 Plus Catch Up In 2024. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. The roth 401 (k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions.

This means that your total 401(k) contribution limit for 2024 is. If richard does all of those things and works another 27 years, retiring.