401k Contribution Limits 2024 Catch Up Total Increase

401k Contribution Limits 2024 Catch Up Total Increase. This dollar amount is the same as in 2023. For 2025, the 401 (k) limit for employee salary deferrals is $23,500, which is above the 2024 401 (k) limit of $23,000.

That increase is also true for workers who participate in 403(b) plans. The $500 increase also applies to other workplace retirement vehicles such as the 403(b), 457 plan, and thrift savings plan.