2024 401k Contribution Limit

2024 401k Contribution Limit. The 2024 contribution limit for 401 (k) plans is $23,000, or $30,500 for those 50 and older. For 2024, the contribution limit increases again to $23,000.


2024 401k Contribution Limit

To start, individuals can contribute up to $23,500 — an extra $500 from the 2024 limit — to their 401(k) plans in 2025, according to the irs announcement. Participants who are 50+ can save an additional $7,500 in 2024 in.

2024 401k Contribution Limit Images References :