2024 401k Catch Up Contribution Limits 2024 Over 60
2024 401k Catch Up Contribution Limits 2024 Over 60. Use our calculator to estimate your future balance. The 401(k) compensation limit is $345,000.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000 ($15,500 for 2023).