2024 401k Limits Catch Up Date. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.

401(k) (other than a simple 401(k)). That means a total of $30,500.