2024 401k Contribution Limits 2024. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024. If you recently started a 401(k), the 2024 contribution limits are particularly important.


2024 401k Contribution Limits 2024

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401(k) plans in.

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