What Is The 401k Catch Up Limit For 2024 Married Filing Jointly

What Is The 401k Catch Up Limit For 2024 Married Filing Jointly. Money you put into your 401k before taxes are taken out, in line with the limit on total contributions and catch‑up contribution limit for individuals 50 and older in. Each spouse can contribute up to $23,000 in their 401(k) account for 2024, or up to $46,000 as a couple.

The limit on employer and employee contributions is $69,000. The ira catch‑up contribution limit for individuals aged 50 and over was amended under the secure 2.0 act of 2022 to include an annual cost‑of‑living.