401k After Tax Contribution Limits 2024
401k After Tax Contribution Limits 2024. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. In 2024, those limits are $23,000 and $30,500, respectively.
Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from the $22,500 limit in 2023. This limit rises to $30,000 for those 50 and older.