401k Contributions 2024 Catch Up Limit. Yes, you can contribute to both a 403 (b) and a 401 (k) simultaneously. Those 50 and older can contribute an additional.

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. Most people don’t max out their 401(k).