Maximum 401k Contribution 2024 With Catch Up In India. Specifically, individuals who are at least 50 years old and earning. The 401(k) compensation limit is $345,000.
The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. Contribution limits for a roth 401(k) are the same as for a traditional 401(k).