2024 401k Contribution Limit

2024 401k Contribution Limit

2024 401k Contribution Limit. Those 50 and older can contribute an additional $7,500. For 2024, the contribution limits for 401 (k) plans have been increased.


2024 401k Contribution Limit

For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. Employees can contribute up to $22,500, up from $22,000 in 2023.

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