2024 401k Catch Up Contribution Limit. The annual elective deferral limit for 401 (k) plan employee contributions is increased to $23,000 in 2024. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.
Those 50 and older can contribute an additional. The annual elective deferral limit for 401 (k) plan employee contributions is increased to $23,000 in 2024.
