401k Catch Up 2024 Limits.  — 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. Total contributions cannot exceed 100% of an employee’s annual compensation.


401k Catch Up 2024 Limits

The limit for overall contributions—including the employer match—is 100% of your compensation or $69,000,. The contribution limit for simple 401(k)s is $16,000 (up to $19,500 if you’re 50 or older).

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