2024 401k Limits Catch Up Irs. Those 50 and older can contribute an additional $7,500. $13,500 in 2020 and 2021;
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. This limit will likely be adjusted.