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401k 2024 Max Contribution Limit

401k 2024 Max Contribution Limit. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase. If you contribute, say, $23,000 toward your 401(k) in 2024 and your employer adds $5,000,.


401k 2024 Max Contribution Limit

The 401(k) contribution limit for 2024 is $23,000. In 2024, those amounts are $7,000 and $8,000, respectively.

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