401k Catch Up 2024 Calculator. โ starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. Input your monthly contributions and employer match information to see how your money might grow over time.
The calculator assumes that you deposit every month and that your return is compounded. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000.