2024 401 K Catch Up Contribution Limit. The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000 ($15,500 for 2023). The 401(k) contribution limit for 2024 is $23,000.
The 2024 contribution limit for roth and traditional iras is $7,000. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
2024 401 K Catch Up Contribution Limit Images References :