2024 401k Contribution Limit Catch Up Form

2024 401k Contribution Limit Catch Up Form. Tom is a participant in. The 401 (k) compensation limit is $345,000.

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. In 2024, if you’re still working, you can make a maximum annual contribution of $23,500 to your employer’s retirement plan.