401k Limits 2024 Catch Up Age. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. Maxing out your 401 (k) is no easy task.
Secure act 2.0 builds on the 2019 secure act and introduces several changes affecting the thrift savings plan (tsp). For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.