2024 401k Maximum Contribution Limits. The 401(k) contribution limit for 2024 is $23,000. Additional highlights for 2024 the limit on annual contributions to an ira increased to $7,000 (up from $6,500), and while the ira catch up contribution limit for individuals aged 50 and over was amended under the secure 2.0 act (secure 2.0) to include an annual cost of living.
Contributions to 401 (k)s can be automatically deducted from your paycheck. Retirement savers are eligible to put $500 more in a 401(k) plan in 2024:
2024 401k Maximum Contribution Limits Images References :