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Irs 2024 Max 401k Contribution Limits

Irs 2024 Max 401k Contribution Limits. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees,. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.


Irs 2024 Max 401k Contribution Limits

If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000.

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