Catch Up Contributions 2024. A 403 (b) plan is a retirement plan maintained by a 501 (c) (3) organization, minister, or. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.

Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. Consider the limit for ira contributions for those 50 and older in 2024: