Irs 401k Catch Up Contribution Limits 2024. For 2023, if you are age 50 or older, you can make a contribution of up to $30,000 to your 401(k), 403(b) or governmental 457(b) plan. If you are 50 years old or older, you can also contribute up to $7,500 in.
The 401(k) compensation limit is $345,000. The irs is filling gaps, fixing glitches and answering questions about the secure act and secure act 2.0, and about required minimum distributions (rmds) in general.