Limit For 2024 401k

Limit For 2024 401k. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older).


Limit For 2024 401k

The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. 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.

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