401k Limits 2024 Catch Up Chart. Individuals aged 50 and older are allowed to put more money into a 401 (k) every year to help them make up for earlier years when they couldn't spare as much. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira.
The irs revisits these numbers annually and, if necessary, adjusts them for. The maximum roth ira contribution limit for 2025 is the same as for 2024, which is $7,000 for those under 50, and an additional $1,000 in catch up contribution for those 50 and.