Compensation Limit 401k 2024. 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. Employees 50 or older can contribute up to $30,500 with catch.
Employees 50 or older can contribute up to $30,500 with catch. 401 (k) contribution limits for 2024.