2024 401k Limits Catch Up After Tax

2024 401k Limits Catch Up After Tax. The irs revisits these numbers annually and, if necessary,. Your ira contribution is capped at the lesser of 100% of your eligible compensation for the year and the contribution limit in.

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. The limit on employer and employee contributions is $69,000.