2024 401k Contribution Limit Catch Up In India. If you're age 50 or. The 401(k) compensation limit is $345,000.
In 2024, the contribution limit for 401k plans, including 403 (b) plans, and most 457 plans, will increase to $23,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.