2024 401k Contribution Catch Up Limit. Total contributions cannot exceed 100% of an employee’s annual. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from.
The limit for overall contributions—including the employer match—is 100%. 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.
2024 401k Contribution Catch Up Limit Images References :