2024 401k Catch Up Contribution Limits 2024. 401(k) (other than a simple. Congress passed the secure act 2.0 in december 2022, and the law aimed to help more people save for retirement.

For 2024, the contribution limit for employees participating in a 401k plan has increased to $23,000 from last year’s limit of $22,500. This means that your total 401(k) contribution limit for 2024 is $30,500.