401k Contributions 2024. For 2024, you can contribute up to $23,000 to a 401 (k) if you're under 50 and up to $30,500 if you are 50 or older. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.


401k Contributions 2024

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. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans.

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