September 27, 2024

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2024 401k Maximum Contribution Limits Irs

2024 401k Maximum Contribution Limits Irs. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. 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 401k Maximum Contribution Limits Irs

More people will be able to make contributions to roth. That is $500 more than you were allowed to contribute in 2023.

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