Limit For 401k Contribution 2024

Limit For 401k Contribution 2024. The 401 (k) contribution limit is $23,000 in 2024. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.


Limit For 401k Contribution 2024

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 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

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