2024 401k Catch Up Rules

2024 401k Catch Up Rules. Those 50 and older can contribute an additional $7,500. The 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions.

The 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. Beginning this year (2024), the secure 2.0 act eliminates rmds for qualified employer roth plan accounts.