Irs 401k Limits 2024 Catch Up. For 2024, that limit goes up by $500 for a total of. In its announcement on friday, the agency increased the employee deferral limit to $23,500, up.

Contribution limits for 401(k)s in 2024 and 2025. For example, even if you turn 50 on december 31, 2024, you can take advantage of the.