401k Catch Up Contribution Limits 2024

401k Catch Up Contribution Limits 2024. The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000 ($15,500 for. The combined limit for employee and employer contributions is $69,000.

The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000 ($15,500 for. Older workers can defer paying income tax on as much as $30,000 in a 401 (k) plan in 2023.