2024 401k Max With Catch Up Limit

2024 401k Max With Catch Up Limit. For 2024, you can contribute up to $7,000 to a roth or traditional ira. In 2023 and 2024, this limit is $7,500.

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. If you’re 50 or older, the limit is $8,000.