Irs Annual 401k Contribution Limit 2024

Irs Annual 401k Contribution Limit 2024. The elective deferral (contribution) limit for employees under 50 who participate in a 401 (k) plan is $23,000 in 2024. In 2024, employers and employees together can contribute.


Irs Annual 401k Contribution Limit 2024

The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. The limit on employer and employee contributions is $69,000.

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