401k Limits 2024 Over 50 Catch Up. You can contribute to more than one. 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.

Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.