2024 401k Limits Contribution

2024 401k Limits Contribution. Employees will be able to sock away more money into their 401 (k)s next year. The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024.


2024 401k Limits Contribution

You can contribute a maximum of $7,000 (up from $6,500 for 2023). Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

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