What Are The 401k Limits In 2024

What Are The 401k Limits In 2024. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. This limit includes all elective employee salary deferrals and any contributions.


What Are The 401k Limits In 2024

The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal governmentโ€™s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.

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