401k 2024 Maximum Contributions. For the tax year 2024, the maximum amount that an employee can contribute to their 401(k) retirement plan is $23,000. Employer matches don’t count toward this limit and can be quite generous.
For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023. The 401(k) contribution limit for 2024 is $23,000.
What Is The 401(K) Contribution Limit In 2024?
Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government's thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.
For 2024, The 401(K) Limit For Employee Salary Deferrals Is $23,000, Which Is Above The 2023 401(K) Limit Of $22,500.
The base 2024 maximum 401k contribution limit for employees is $23,000 (+$500 versus 2023).
401k 2024 Maximum Contributions Images References :
The 401(K) Contribution Limit For 2024 Is $23,000.
Here's what you need to know about that maximum, employer matches and how much you should contribute.
The 2024 401(K) Individual Contribution Limit Is $23,000, Up From $22,500 In 2023.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.