2024 Irs 401 K Contribution Limits

2024 Irs 401 K Contribution Limits. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022 limit of $20,500. Here's how the 401(k) plan limits will change in 2024:


2024 Irs 401 K Contribution Limits

The 401(k) contribution limit is $23,000. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

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