Changes in inflation affect the limits, which have risen gradually. The 401 (k) contribution limit is $23,000 in 2024.
This limit includes all elective employee salary deferrals and any contributions. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).
This Limit Includes All Elective Employee Salary Deferrals And Any Contributions.
The 401(k) contribution limits for 2024 are $23,000 for people under 50, and $30,500 for those 50 and older.
Each Year, The 401(K) Contribution Limits Increase By A Small Amount.
401(k) contribution limits for 2024.
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In 2024, The Contribution Limit For A Roth 401 (K) Is $23,000, Plus An Additional Contribution Of $7,500 If You Are Age 50 Or Older.
You can invest up to $23,000 in 401(k) plans in 2024, and anyone age 50 or older can put in an extra $7,500.
If You Recently Started A 401(K), The 2024 Contribution Limits.
In 2024, the combined contribution limit is increasing to $69,000, up from $66,000 in 2023.