2024 401 Contribution Max

2024 401 Contribution Max. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.


2024 401 Contribution Max

If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). 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.

2024 401 Contribution Max Images References :