401k 2024 Limit

401k 2024 Limit

401k 2024 Limit. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. 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.


401k 2024 Limit

The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

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