2024 Max 401k Over 50 . 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. The ira catch‑up contribution limit for individuals aged 50.
For 2024, the contribution limit increases again to $23,000. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
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