401 K Plan Contribution Limits 2024

401 K Plan Contribution Limits 2024

401 K Plan Contribution Limits 2024. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.


401 K Plan Contribution Limits 2024

Those 50 and older can contribute an additional. The total maximum that can be tucked away in your 401(k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024, or $7,500 more.

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