2024 401k Contributions Limit

2024 401k Contributions Limit. The 2024 ira contribution limit is $7,000, up from $6,500 in 2023. 401 (k) contribution limits in 2023 and 2024.


2024 401k Contributions Limit

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000.

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