2024 401k Contribution Limit Catch Up Over 50. The irs recently released the updated 401(k) contribution limits for 2025. The income ranges for determining eligibility to make deductible.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. The income ranges for determining eligibility to make deductible.