Jane Roanna

401k Contribution Limits 2024 After Tax. The irs allows a total of up to $69,000 of employer and employee contributions to be saved in a 401 (k) for 2024 (and an additional $7,500 in employee. 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.

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. Those 50 and older can contribute an additional $7,500.