2024 401k Limits Contribution

2024 401k Limits Contribution. This limit includes all elective employee salary deferrals and any contributions. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.


2024 401k Limits Contribution

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). Retirement savers are eligible to put $500 more in a 401(k) plan in 2024:

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