401k 2024 Limits

401k 2024 Limits. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. 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.


401k 2024 Limits

The 401 (k) contribution limit for 2024 is $23,000. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.

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