401k 2024 Contribution Limit Irs

401k 2024 Contribution Limit Irs. The 401 (k) contribution limit for 2024 is $23,000. Plan participants can contribute up to $23,000 for 2024, which is up from $22,500 for 2023.


401k 2024 Contribution Limit Irs

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. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.

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