401k 2024 Max Catch Up . The 401 (k) compensation limit is $345,000. There are annual limits to how much you can contribute to your 401 (k).
The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. 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.
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