401k 2024 Contribution Limit Irs Catch-Up. 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. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.
Tom is a participant in. If you are 50 or older, you can defer paying income tax on $30,000 in your 401.